Waco company lays off 115 employees - KXXV Central Texas News Now

WACO

Waco company lays off 115 employees

WACO, TX (KXXV) - Waco's largest industrial employer laid off 115 workers Tuesday.  

An L-3 spokesman made the announcement about the company's Platform Integration Division late Tuesday afternoon. He said significant amounts of work in the aircraft modification center are wrapping up.

Additionally, they're looking at a reduced volume of work going forward. A combination of the two situations resulted in the layoffs.

Various L-3 divisions currently employ about 1,600 people in Waco.

 A company spokesman released this statement:

"As a result of significant amounts of work concluding on several programs and a reduced volume of work going forward, L-3 Platform Integration has reduced its workforce by approximately 115 positions.  These actions will ensure that L-3 Platform Integration continues to be successful in an extremely competitive environment.  We appreciate the community's support for these individuals and L-3 during this difficult time."
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