Layoffs for HII in Virginia

Huntington Ingalls Industries, the Navy’s largest shipbuilder, may have to cut at least 1,500 personnel from its payroll over the next year-and-a-half to counter an anticipated two-year slowdown in work at its Newport News, Va., shipyard - even while it is preparing to bid billions of dollars for work on new aircraft carriers, submarines and other ships. In a notice to personnel at HII, the company said it planned at least 500 jobs to be cut in the fall at the Virginia yard. More than 1,000 more layoffs will likely follow in 2016. There are 38,000 personnel working at Newport News. HII anticipates a rebound in 2017. (Source: Wall Street Journal 07/25/15) Gulf Coast Shipbuilding: None of the announced layoffs were related to HII’s Gulf Coast shipyard in Pascagoula, Miss.