Newport News Shipbuilding lays off more than 300 workers
WTKR
and last updated 2021-02-26 14:34:17-05
Newport News Shipbuilding President Jennifer Boykin announced Friday that more than 300 shipbuilders are being laid off and more than 100 managers are being demoted as part of a restructuring effort for the shipyard.
According to Boykin, this is the first workforce reduction the shipyard has experienced in five years. The decision more evenly distributes management spans and reshapes production and support ratios.
A total of 314 shipbuilders and 119 managers will be impacted.
Boykin said in a Facebook post that severance pay, benefits and transition assistance will be provided to the affected employees, and the shipyard will continue to hire for needed positions.