Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Professional

The issue is that the cat is out of the bag. The employees know that thousands of heads are going to roll. Lockheed is celebrating becasue it will save a bundle becasue they won’t have any layoff coast but the employees are still screwed and tens of thousands will be let go.


59 posted on 11/01/2012 9:29:27 AM PDT by GilGil
[ Post Reply | Private Reply | To 58 | View Replies ]


To: GilGil
"Lockheed is celebrating becasue it will save a bundle becasue they won’t have any layoff coast but the employees are still screwed and tens of thousands will be let go."

How is LM saving money? If sequestration goes through, given the size of the layoffs, then WARNs will need to be issued to those being laid off. They are just pushing the cost of the layoffs out further.

60 posted on 11/01/2012 9:33:14 AM PDT by CatOwner
[ Post Reply | Private Reply | To 59 | View Replies ]

To: GilGil

Sounds like the CEO took a very strong and personal shot at Obama. I seriously doubt that Obama can get 20% of the vote from the employees of LMT.


63 posted on 11/01/2012 9:37:47 AM PDT by Professional
[ Post Reply | Private Reply | To 59 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson