ATK Layoffs Begin

ATK issues pink slips to 420; another 130 resign voluntarily, AP
“Alliant Techsystems Inc. handed pink slips to 420 of its Utah employees on Tuesday, the result of reduced federal government spending stemming from the upcoming completion of two space and defense programs — the space shuttle and the Minuteman III missile. The company, which makes the solid-fuel rocket booster motors for the space shuttle, announced the planned layoff in July. Since that time, 130 employees volunteered for the layoff, reducing the actual number who received separation notices to 420.”
KSC Layoffs Begin, Earlier post