The company said the locations to be closed are in Newtown, film the fighter Pa.; Akron, Ohio; Goodyear, Ariz.; and Horizon City, Texas. Between film the fighter them they have 2,000 jobs. In addition film the fighter it will close four buildings on its Sunnyvale, Calif., film the fighter campus, eliminating another 2,000 jobs.
"Reducing our workforce of dedicated film the fighter employees and closing facilities are among the most difficult decisions we make," said CEO Marillyn Hewson. "In the face of government budget cuts and an increasingly complex global security landscape, these actions are necessary film the fighter for the future film the fighter of our business."
The company is particularly dependent on U.S. government spending. According to company filings, its federal contracts were worth nearly $39 billion in 2012, which represented film the fighter more than 80% of its overall revenue. It announced it would temporarily furlough 3,000 workers during the shutdown of the federal government in October.
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