Will Lockheed Martin End Its 401(k) Matching Contributions?

Lockheed Martin had already begun cutting benefits before the Coronavirus took its toll on the world economy. According to Barron’s, “Lockheed Martin (LMT) finished freezing its defined-benefit ...

Will Lockheed Martin Cut Healthcare Benefits?

As a recruiter, I’m often asked about benefit packages offered by certain companies. Over the last year many Fortune 500 companies have made substantive changes to employees’ benefits with most of ...

Lockheed Martin? What Corporations Will do to Protect Their Dividends

In order to cut costs, Lockheed Martin made the decision to freeze its pension plan back in 2016, and recently offloaded $4.9 billion in pension liabilities to Athene Annuity and Life Co., per ...

Lockheed Martin Employees May Not Receive Unemployment Benefits Amidst Vaccine Requirements

Employers across the nation are promoting safety protocols by requiring employees to be vaccinated against COVID-19 in order to work in-person, or risk severe consequences of their employment. ...