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General Dynamics Corporation

GDIndustrials· Reston, VA, United States
LAYOFFS TRACKED
8
LAST EVENT
Oct 1, 2023
MARKET CAP
$72.49B
EMPLOYEES
100,000

General Dynamics Corporation operates as an aerospace and defense company worldwide. It operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. The Aerospace segment produces and sells business jets; and offers aircraft maintenance and repair, management, aircraft-on-ground support and completion, charter, staffing, and fixed-base operator services. The Marine Systems segment designs and builds nuclear-powered submarines, surface combatants, and auxiliary ships for the United States Navy and Jones Act ships for commercial customers, as well as builds crude oil and product tankers, and container and cargo ships; provides maintenance, modernization, and lifecycle support services for navy ships; offers and program management, planning, engineering, and design support services for submarine construction programs. The Combat Systems segment manufactures land combat solutions, such as wheeled and tracked combat vehicles, Stryker wheeled combat vehicles, piranha vehicles, weapons systems, munitions, mobile bridge systems with payloads, tactical vehicles, main battle tanks, armored vehicles, and armaments; and offers modernization programs, engineering, support, and sustainment services. The Technologies segment provides information technology solutions and mission support services; mobile communication, computers, and command-and-control mission systems; intelligence, surveillance, and reconnaissance solutions to military, intelligence, and federal civilian customers; cloud computing, artificial intelligence; machine learning; big data analytics; development, security, and operations; and unmanned undersea vehicle manufacturing and assembly services. The company was founded in 1899 and is headquartered in Reston, Virginia.

Layoff history

EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS

Q4 '23: 3 eventsQ1 '24: 0 eventsQ2 '24: 0 eventsQ3 '24: 0 eventsQ4 '24: 0 eventsQ1 '25: 0 eventsQ2 '25: 0 eventsQ3 '25: 0 eventsQ4 '25: 0 eventsQ1 '26: 0 eventsQ2 '26: 0 eventsQ3 '26: 0 events
Q4 '23Q1 '24Q1 '25Q1 '26Q3 '26

Layoff timeline

8 EVENTS
Oct 1, 2023News

General Dynamics Information Technology (GDIT) has announced the layoff of 95 employees across two offices located in Montgomery County, Maryland. This decision reflects ongoing adjustments within the company as it navigates current market conditions. The layoffs are set to take effect immediately, impacting various roles within the organization. GDIT's restructuring efforts aim to streamline operations and enhance efficiency in response to evolving business needs. The company has not specified the departments affected by these layoffs, but it underscores a significant workforce reduction in the region.

Oct 1, 2023News

General Dynamics Corporation has laid off 50 salaried employees due to ongoing contract uncertainty. This decision reflects the company's response to challenges in securing contracts, which has impacted its workforce. The layoffs are part of a broader strategy to adjust to the current market conditions and ensure operational efficiency. While the specific locations of the affected employees were not disclosed, the cuts highlight the company's efforts to navigate a difficult business environment. The layoffs occurred recently, as the company continues to assess its workforce needs in light of contract negotiations.

Oct 1, 2023News

General Dynamics Information Technology (GDIT) has issued layoff notices to approximately 36 employees at Health and Human Services (HHS) facilities in Washington, D.C. The layoffs are part of a restructuring effort aimed at streamlining operations and reducing costs. The affected employees were notified of their termination, which is effective immediately. This decision reflects GDIT's ongoing adjustments in response to changing demands within the federal contracting landscape. The company has stated that it remains committed to supporting its remaining workforce and continuing its services to HHS.

Date not reportedUpcoming · EstimatedNews

General Dynamics Corporation's GDIT division is facing potential layoffs affecting 174 workers at the Pentagon, scheduled for August. The company has indicated that these layoffs are part of a restructuring plan, although specific reasons for the cuts have not been detailed. This situation highlights ongoing adjustments within the defense contracting sector, as companies adapt to changing government budgets and project demands. The affected employees are currently in a state of uncertainty as the planned layoffs approach.

Date not reportedUpcoming · EstimatedNews

General Dynamics Information Technology (GDIT) has announced plans to lay off 236 employees in Northern Virginia. This decision reflects ongoing adjustments within the company as it navigates current market conditions. The layoffs are part of a broader strategy to streamline operations and focus on core business areas. Specific details regarding the departments affected have not been disclosed. The company aims to implement these changes in the near future, although exact dates for the layoffs have yet to be confirmed. This move underscores the challenges faced by GDIT in maintaining workforce alignment with business needs.

Date not reportedUpcoming · EstimatedNews

General Dynamics Information Technology (GDIT) has filed a notice indicating a potential layoff of 87 employees based in Washington, DC. This action is part of a workforce adjustment plan, although specific reasons for the layoffs have not been detailed in the notice. The company is taking steps to inform affected employees and comply with legal requirements. As of now, the layoffs are planned but have not yet occurred, and further details regarding the timeline are expected to be clarified soon.

Date not reportedUpcoming · EstimatedNews

General Dynamics Corporation has communicated to the Canadian government that without an increase in military orders, the company may face layoffs. The warning highlights the company's reliance on government contracts for its operations. While specific numbers of potential layoffs were not disclosed, the statement indicates a serious concern regarding future workforce stability. The company is urging for more military procurement to avoid job cuts, reflecting broader challenges in the defense sector. This situation underscores the critical nature of government contracts for General Dynamics' workforce.

Date not reportedUpcoming · EstimatedNews

General Dynamics Corporation plans to lay off hundreds of employees following the loss of a major contract with the Space Force. The layoffs are expected to affect approximately 300 workers, although specific details regarding the location and departments impacted have not been disclosed. This decision comes as the company adjusts its workforce in response to the contract loss, which has significant implications for its operations. The exact timeline for these layoffs has not been announced, but the company is preparing for the necessary workforce reduction.

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