Show Hercules Announces Cut In Workers Hercules Incorporated announced today a reduction in force of approximately at the Bacchus Works because of a in work on the Navy's new I missile and a scheduled decrease in production of Poseidon HERCULES officials said retirements and transfers will take care of a portion of the but terminations will be required over the next five to six months because of the reduced work Bacchus Works employment reached more than by the end of 1972 with competitive engineering development phase on the new Trident Proposals will be submitted on all three solid propellant stages of the missile in with development contracts not scheduled to be awarded until June or POSEIDON production will continue through at least but at slightly lower Earlier this all Bacchus Works were informed of the planned cutback in a letter mailed to their It said reductions will be spread over the next five to six months and will be divided among the various job The first is scheduled next |