Science Applications International Corp.'s San Diego work force is not immune to the company's latest wave of layoffs.
The McLean, Va.-based defense contractor (NYSE: SAI) will let go of 57 employees at 4242 Campus Point Court, effective Feb. 1, according to a notice filed with the state.
“These decisions were not easily made but we firmly believe that they are absolutely necessary in order for us to remain competitive,” said Melissa Lee Koskovich, a spokeswoman for SAIC, in a statement to The Daily Transcript.
The local contraction is part of a larger 700-person layoff, which was announced in early December.
“As the result of SAIC’s annual operating plan review process and our need to remain competitive in a challenging market, we've made the decision to restructure our work force,” said Koskovich.
The local cuts are occurring at its University City campus, which acted as its headquarters until the company uprooted to the Washington, D.C. metro area in 2009.
The 700 affected positions are across the ranks and in many locations, she said. About half of the layoffs will land in the D.C. area, according to multiple media reports.
The company promised to provide training, coaching and other support for those out of work.
The company recently won prime contracts from the U.S. Space and Naval Warfare Systems Center Pacific (SSC Pacific) and the Naval Health Research Center (NHRC) for work in San Diego.
Like most defense contractors around the country, SAIC is bracing for sequestration, or automatic federal spending cuts that have a delayed trigger date of March 1.
“These reductions are not related directly to sequestration,” said Koskovich.
Sequestration means a total of $1.2 trillion will be axed from federal spending over the next decade, and the defense community stands to feel the sharpest edge of that blade, or $500 billion taken away.
In August SAIC announced plans to split into two public companies, which is expected to occur by the end of 2013.
10260 Campus Point Drive
San Diego, CA 92121