BAE Systems notifies 530 shipyard workers of layoffs
BAE Systems has notified about 530 employees at its Norfolk shipyard that they could be laid off in March.
This workforce reduction, scheduled to take place around March 18, follows 400 layoffs at the shipyard late last year.
The Norfolk shipyard employs about 1,075 workers
“These further reductions are necessary to align the Norfolk shipyard with lower demand for its services, resulting from fewer Navy ships homeported in the region available for maintenance and modernization, and the Navy’s changes to its scheduling for repair services,” the company said in a news release.
BAE provides ship repair, maintenance, modernization, conversion, and overhaul for the Navy and other government, commercial and private customers.
In addition to Virginia, the company operates six shipyards in Alabama, Florida, California and Hawaii.