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Lockheed Martin EssayQuestion By laying of Lockheed Martin employees, does it affect the future sales of the company? Articles Lockheed Martin Not Giving Layoff Notices, At White House Request, Lockheed Martin Drops Plan to Issue Layoff Notices, and Lockheed Martin threatens big cuts I. IntroductionThe Lockheed Martin Corporation ousted its incoming chief executive, Christopher Kubasik, for having a close relationship with a subordinate at the defense contractor. They forced him to resign after the investigation found it to be improper conduct, which violated Lockheed Martins code of ethics. However, Mr. Kubasik felt that his affair did not put in in any way with his farm out performance. There have recently been some budget cuts at the Pentagon, and contractors are trying to adjust to the changes. The Lockheed Martin directors favored promoting Ms. Hewson, a contractor because they believe she performs well in other management roles. She had been with Lockheed since 1983, and will immediately become president and chief operating officer of the corporation.II. FindingsA. Layoffs (finding 1)1. Pending job cuts2. Warnings (the WARN Act)3. Less payB. Budget cuts (finding 2)1. Reduction in Pentagon using up ($500 billion)2. Minimized the potential for waste and disruption associated with the issuance of unwarned layoff notices.3. Less spendingC. Smaller workforce1. 18% smaller2. Hiring pace is slower3. Fewer jobs available = smaller workforceIII. AnalysisA. Stakeholder analysisB. Cost-benefit analysisC. Six thinking hatIV. ConclusionBased on the findings and analysis, by laying off Lockheed Marin employees, it would affect the corporation and future sales negatively. Since there will be smokestack job cuts, the company will slowly start to deteriorate and will fall apart altogether.