Thread regarding Lockheed Martin Corp. layoffs

I've had a chance to talk with a fairly senior person in our corporate office a few days ago - she told me that we have challenges in many areas and that pricing pressures and government induced changes will cause some business to slow down. She also told me that Lockheed will try everything possible not to cut jobs but that she felt that we'll have to have additional reductions in force within next 8 to 12 months. That's what I heard, she was guarded but if you read between the lines she was almost certain we'll have to cut and the cuts will be deep. We did let go 4000 people recently, so I am not sure how many more people will have to lose jobs for us to stabilize the company and let Lockheed grow and be successful.