ULA expects another 400 to 500 job cuts in 2017
COLORADO SPRINGS — United Launch Alliance’s quest to become more nimble and agile in order to compete effectively in the space industry will include workforce reductions beyond the 375 job cuts confirmed last week.
Chief executive Tory Bruno said Wednesday that Centennial-based ULA plans to reduce its workforce by another 400 to 500 people next year.
“We have this year’s 375,” Bruno said. “There will be another one at the end of next year that’s a bit larger but along the same order of magnitude. And then we’re done.”
The reductions in 2017 will be spread across all five of ULA’s sites, he said. Those are in Colorado, California, Texas, Alabama and Washington, D.C.
ULA currently employs 3,400 people, with about 1,500 in Colorado.
After the second round of reductions, ULA will move forward with the “size of workforce that we need,” Bruno said, adding that “as we are competitive with that, I expect to expand our market share and start growing back from there.”
Next year’s job cuts, like the 375 targeted for the end of this year, will be voluntary, he said.
FILE – In this Jan. 22, 2006, file photo, Toronto Raptors’ Matt Bonner can’t stop Los Angeles Lakers’ Kobe Bryant from getting to the basket in the first half of NBA basketball game in Los Angeles. Bryant still looks back with surprise on the night 10 years ago when he scored 81 points against the Raptors. The LakersÂ’ star guard celebrates the 10th anniversary of the second highest-scoring performance in NBA history on Friday, Jan. 22, 2016. (AP Photo/Matt A. Brown, File)