Job cuts

Lockheed Martin, located in Bethesda, is the U.S. government's largest defense contractor. In 2010, it grossed $45,189.0 million in revenue and ranked 44 on the Fortune 500 ranks, according to CNNMoney.com.

Lockheed Martin Cutting 4,000 Jobs, Closing Plants

Lockheed Martin is cutting 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.

11/14/2013

obama

President Obama Speaks With WJZ About The So-Called ‘Doomsday Deadline’

In just two weeks, far-reaching budget cuts known as the sequester are set to take effect. It could cause massive job cuts and changes to services we count on. In an effort to make his case to the American people, President Obama is taking to the airwaves.

02/20/2013

constellation energy

Exelon: ‘Most Impactful’ Merger Cuts In Baltimore

A top Exelon Corp. executive says the Baltimore headquarters of Constellation Energy Group will see the “most impactful” job cuts as part of a $7.9 billion merger deal.

08/17/2011

obama5

Black Leaders Discuss Job, Budget Cuts With Obama

Leaders of the largest and oldest black civil rights groups said they urged President Barack Obama in a White House meeting Thursday to resist deep cuts to programs that benefit urban communities — with some of the highest unemployment rates — as he negotiates the nation’s debt limit.

07/22/2011

layoffs, jobs, unemployment

Frederick County Cuts 38 Jobs To Cut Costs

The Frederick County Commissioners say they are cutting 38 county jobs to reduce costs.

02/25/2011

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