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OTHER NEWS - July 30, 1992

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From Times Staff and Wire Reports

General Dynamics to Lay Off 5,800 Workers: The giant defense contractor has confirmed it will lay off 5,800 workers by the end of 1994 at its Ft. Worth division as part of a major restructuring. The company cited “declining defense budgets” and production cuts on its F-16 fighter aircraft. The layoff announcements will start in the next several weeks.

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