Military contract delays and other sequestration fallout has forced Concurrent Technologies Corporation to cut its workforce by 22 – a move that will layoff 19 at its Richland Township hub, company officials said Wednesday.
Employees were notified Wednesday morning, CTC spokeswoman Mary Bevan said.
“It’s a small percent of our 1,200 total employees – but every one matters. This wasn’t an easy move,” said Bevan, noting the company now employs 700 or so in Johnstown.
Defense contractors across the nation have been cutting back as a congressional move opening the door for automatic defense budget cuts has forced U.S. military branches to cut their spending.
The U.S. Air Force, for example, announced last week it was grounding a third of its active combat planes, a move that would have a trickle-down effect on defense suppliers that outfit the aircraft, the Associated Press reported.
See Thursday’s Tribune-Democrat for additional information.