NN Shipbuilding offers buyouts to more than 2,500 employees

Newport News Shipbuilding is offering eligible employees severance pay due to company reorganization and to offset overhead costs.

More than 2,500 employees will be affected, said Duane Bourne, spokesman for NNS.

The offer was announced by Jennifer Boykin, NNS president, in a letter sent to shipbuilding employees Monday, just one week before Christmas.

According to the letter, NNS will continue to consolidate certain company functions, i.e. combining leadership development and workforce training and will offer an optional severance program for salaried employees to cut overhead costs.

Employees who qualify for voluntary severance program, or VSP, are salaried, non-union employees, including manager 3, director level and those who planned to retire prior to Dec. 17. Eligible employees can receive up to 26 weeks of severance pay and be officially separated from the company by Mar. 1, according to the letter.

Corporate employees who work in the government, customer relations, benefits and law departments, including vice presidents, and those who work offsite, are ineligible for the severance program.

“I want to stress that we are still hiring, and will continue to hire primarily direct charging positions throughout 2019,” Boykin wrote.

Read the full letter here.

The shipyard is a division of Huntington Ingalls Industries. It’s also one of two yards that builds nuclear-powered submarines.

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John Mangalonzo (john@localvoicemedia.com) is the managing editor of Local Voice Media’s Virginia papers – WYDaily (Williamsburg), Southside Daily (Virginia Beach) and HNNDaily (Hampton-Newport News). Before coming to Local Voice, John was the senior content editor of The Bellingham Herald, a McClatchy newspaper in Washington state. Previously, he served as city editor/content strategist for USA Today Network newsrooms in St. George and Cedar City, Utah. John started his professional journalism career shortly after graduating from Lyceum of The Philippines University in 1990. As a rookie reporter for a national newspaper in Manila that year, John was assigned to cover four of the most dangerous cities in Metro Manila. Later that year, John was transferred to cover the Philippine National Police and Armed Forces of the Philippines. He spent the latter part of 1990 to early 1992 embedded with troopers in the southern Philippines as they fought with communist rebels and Muslim extremists. His U.S. journalism career includes reporting and editing stints for newspapers and other media outlets in New York City, California, Texas, Iowa, Utah, Colorado and Washington state.