Shipyard trimming 300 jobs

PASCAGOULA, Miss. - Northrop Grumman Shipbuilding today issued a worker adjustment and retraining notification for 292 employees at the Gulf Coast shipbuilding facility at Pascagoula. The company also expects to reduce another 350 employees in Pascagoula by year's end. The cyclical nature of shipbuilding, where employment levels rise and fall based on contracts, is blamed for the latest round of cuts. (Source: Sun Herald, 08/25/10).