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Posted on 11/11/2012 5:17:17 PM PST by SeekAndFind
The CEO-in-waiting of the defense contractor who declined to issue WARN Act layoff notices on the urging of the Obama administration — sequestration-related notices mandated by law that would have gone out just before the election — has resigned, citing an affair.
Christopher E. Kubasik, 51, today resigned from his role as vice chairman, president and chief operating officer (COO), effective immediately, Lockheed Martin announced. Kubasik was set to become CEO in January.
He “resigned after an ethics investigation confirmed that he had a close personal relationship with a subordinate employee. His actions violated the company’s Code of Ethics and Business Conduct, but did not affect the company’s operational or financial performance,” the defense giant said in a statement.
On Oct. 1, Kubasik and Bob Stevens, current chairman and CEO, sent a controversial memo to employees bowing to the administration’s advice to not warn employees of impending sequestration layoffs.
With the 60 days’ notice mandated by the WARN Act, the notices would have gone out at the beginning of November.
“We have been working closely with the government to understand our obligations under the WARN Act and to ensure our employees are provided fair treatment and appropriate notice, if their jobs are impacted by sequestration,” Kubasik and Stevens wrote. “After careful review of the additional guidance provided by the Office of Management and Budget and the Department of Defense, we will not issue sequestration-related WARN notices this year. …If sequestration were to happen, we are compelled to comply with the law and will do so as respectfully and as ably as we can.”
House Armed Services Committee Chairman Buck McKeon (R-Calif.) lashed out at Lockheed for “bowing” to the administration.
“It appears companies will bow to the threat implicit in last week’s OMB guidance; withhold notices today or the government might not cover your court costs down the road,” McKeon said on the day the memo went out. “Let me be clear, neither the OMB guidance nor the Lockheed decision will protect a single defense industry job if sequestration occurs in January.”
Other defense contractors were more guarded than Lockheed in their reactions to the guidance, which the OMB said was provided to “minimize the potential for waste and disruption associated with the issuance of unwarranted layoff notices.”
“General Dynamics has not determined whether we will issue WARN notices to employees as a result of sequestration, because the Defense Department has not informed us of how our programs will be impacted,” Rob Doolittle, staff vice president for communications, told PJM after the Lockheed announcement.
Lockheed Martin immediately elected Marillyn A. Hewson, 58, president of the Electronic Systems business area, to fill Kubasik’s current spot as president and COO and to become CEO in January.
The sequestration, which goes into effect Jan. 2 without “fiscal cliff” action in the lame-duck session, puts more than 2 million jobs at risk.
Virginia, Florida, and Pennsylvania — all swing states won by President Obama — would take the hardest hit with more than 365,000 job losses combined, according to a George Mason University & Chmura Economics and Analytics report.
This is getting weird.
Ping.
Move along, nothing to see here.
Yeah, it’s starting to read like a John Semmons semi satire blog.
Good. They pushed that WARN bull$hit all year. I should know. My last 13 months of employment with LM were under a WARN for 10 of those months, ending in September 2012. Nice way to end 30 years with the company. And then they decide NOT to issue the WARNs when they were supposed to? I hope more get called on the carpet for this.
Not weird. Not even Orwellian. Alinsky-ish.
More than wierd. Frightening. Like, Night of the Long Knives?
Bambi is polishing off his opponents. They may not have been big, serious opponents, but when Herr Whoever comes in, they’ve got to go.
This is now a standard press release.
Up next, Hillary steps down due to an affair. (bwahahahahh) ;)
Freep-mail me to get on or off my pro-life and Catholic List:
Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of general interest.
Freep-mail me to get on or off my pro-life and Catholic List:
Please ping me to note-worthy Pro-Life or Catholic threads, or other threads of general interest.
RE: Up next, Hillary steps down due to an affair. (bwahahahahh) ;)
Why should she do it for that reason? Her husband didn’t.
Hm, would you care to expand on that?
I've been looking at LM, for employment, as I'd like to get paid to program in Ada... but it seems I never get past the employment/submit-resume stage.
(Does this all mean I should just write LM off as a potential employer?)
Jeese. The late Igor would have made a real ass of himself in your defense. But you could not have found a better defender!
One has to wonder over the last 4 years who all has been blackmailed into going along with the Chicago Obama crowd. I bet they even have Hillary’s FBI files.
How many repubs doing screwy things do they have a leash around?
I suggest all y’all who have been ridin’ dirty with boys or girls in DC, or that has anything to do with government, step up, come clean, and get it over with.
Geesh
No, theirs is a marriage of convenience. I was just kidding. The thought of Hillary having an affair was funny in my own mind I guess. But, she’s now sprouting that school-girl look for someone. Guess is that it’s not Bill.
Honestly, I cannot recommend LM as a place of employment, at least in California and probably Colorado. I think that Virginia and Valley Forge won’t be hit as hard (gee, the east coast again). Pensions were eliminated 7 years ago. Health insurance options are extremely limited.
True, no affair....but, supposedly Slick hates Obama, but he sure went overboard for O’s re-election.
Make ya wonder.
Her husband didn't need to take a ride under the bus for the greater good: Obama.
"Today, I settled all family business."
Thank you for the reply and the non-recommendation.
I agree with you that there's some rotten stuff going on in the east coast area.
I guess they both have enough dirt on the other to cause a stalemate? After the disses at the Clinton’s during the 2008 primary, I would not have believed Hillary would have served under “the One” and Bill would have actively worked for “the One”.
Sounds like the Chicago Fascists are blackmailing everyone in their way.
Yes, I guess that’s it.
with a goat
Herman Caine, Petraeus, and now this guy. See another pattern here?
oh dear.
?
The way I read this, the assclown who resigned HELPED Ubanga by covering for him and doing what Ubanga wanted him to do by not broadcasting that more layoffs were coming.
My goodness. The Beltway Affair is becoming as dangerous as the Soviet Cold.
Are affairs all the obama administration can come up with to keep people in line?
Nah. It’s the public explanation...
Let me add something to this discussion.
ALL defense companies did away with pensions a few years back and switched to 401k’s.
ALL defense companies have basically the same health coverage and co-pays...except for Boeing which if I recall still pays ALL of their medical coverage.
Geography has ZERO to do with what contracts a defense contractor has won. IT services is 90% inside the beltway for ALL defense contractors. All non-IT services related contracts are spread out all over the country.
If you are a software ADA guy you will find work within the defense industry with ANY employer. Take the best deal you can get but don’t expect the dividing line to be healthcare cost or retirement pensions. If you have a pension now, no matter what defense contractor you take a new job with, you will not have a pension at your new place of employment.
Remember, you are an employee but you work for a defense contractor. You are only of use to them on THAT speficic contract. Whne that contract is over you might find another job within that same company and stay with them....or you might continue working on the same contract but for the contractor that wins the re-bid. Point is you are working for a hired gun and that makes you a hired gun. Don’t expect loyalty or some long term job security. This isn’t like working for a mom and pop company that makes cupcakes....it is about slim profit margins....award fees and tremendous pressure to meet deadlines, manage contracts and programs and produce results. When that isn’t happening the company is loosing award fee $ and contracts are lost and PM’s are fired. The constant threat of layoff inside defense is what causes engineers to tell their kids to stay away from A&D.
Yes I work for one of the larger defense contractors.
Petraius and now Kubasik, big time players for Boma’s image and political intents. There have so many prominent people on the support list for Obama it should make the populace suspicious there is more secret/confidential in dark places. I would guess that high military and politicians have secret files. It should be recalled that Obama won his Illinois Senate seat by outing ‘dirt’ on his Republican opponent so such is not a new trick by Obama and his enablers.
Ping!
Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha!
Industrial strength Schadenfreude!
Half of the US electorate is of below average IQ...
” The CEO-in-waiting of the defense contractor who declined to issue WARN Act layoff notices on the urging of the Obama administration —sequestration-related notices mandated by law that would have gone out just before the election —has resigned, citing an affair.”
He resigns because of an affair and not breaking the law. I see.
So, Obama offered to pay for legal fees, with OUR money, until after the election, and just like Petraues, he was outed AFTER the election when they weren’t needed Anymore!
Hillay’s a switch hitter or maybe a straight lesbian.
Well, Petra=ASS ALSO helped Obama when he came out and said iit was the VIDEO in Benghazi!!! THAT”S when I KNEW etra-ASS was DIRTY AS SIN!!
What if the so-called affairs are just a cover? We don’t know what really goes on. We do know Obama is controlled by others. Perhaps others are, too. I doubt we’ll ever know the truth.
That is new.
Hm, I wish; as I said before I can't even seem to get a toe in the door. (Probably due to wanting X years of [professional] experience; I graduated in Dec 2010 and have had a total of 0 years professional experience.)
It seems counter-intuitive, but the “useful idiots” are always the first people that communists kill off. They are the people who will become disillusioned and fight when the sheep’s clothing comes off and communism is revealed to be the godforsaken tyranny that it is. Getting rid of the “useful idiots” is the final step before the sheep’s clothing comes off and the coup becomes an open, indisputable fact.
Things are gonna get very bumpy very quickly. And it has nothing to do with sex.
yucky
Hey! I didn’t authorize that picture!!
Romney needed to do more on this. He should have been shouting it in those states.
Are you a minority?
Are you homosexual?
Are you Asian?
If so, the HR software will pick up those words when screening resumes, so, be sure to list that info someplace, like under “Activities” where you were secretary of some female group, or president of The Black Students Society, or President of the universities GLBTXYZ Club.
You WILL get a call.
White male?
Hardly any chance.
In Boeing, every so often they would parade the new hires through on an orientation tour, and usually it was about a group of 12, with white males accounting (at best) for about four. Females were about four, with minority males accounting for the other four. Very noticeable because engineering graduates are overwhelmingly white and male, so the statistics are skewed, indeed. Oh, and can't overlook the fact Boeing execs would get a pay bump for mentoring females and minorities, not for mentoring white males. No incentive to hire white males.
Serious.
Sounds like they were Americans at least.
In the past 5 years, almost all the new employees were Indians at the company I worked for until being laid off.
It is probably 75% Indian (Muslim and Hindu) currently.
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