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Lockheed Martin to lay off 123,000 and other defense contractors may follow
Tea Party Tribune ^ | 2012-11-01 08:34:48 | Gil Guignat

Posted on 11/01/2012 8:43:48 AM PDT by GilGil

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Can we assume from these numbers that between 500,000 to a million will be laid off if you put all the defense contractors together?
1 posted on 11/01/2012 8:43:55 AM PDT by GilGil
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To: GilGil
Watch the gubermint decide on Nov 7th that the notices can must be issued after all.
2 posted on 11/01/2012 8:49:23 AM PDT by NonValueAdded ("Why not eliminate the middle man and have whoever feeds Obama his lines debate Romney directly?")
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To: GilGil

Yes. Easily a million.


3 posted on 11/01/2012 8:50:29 AM PDT by CodeToad (Padme: "So this is how liberty dies... with thunderous applause.")
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To: NonValueAdded

More likely they’ll back-off their agreement to pay the fines and put them out of business entirely.


4 posted on 11/01/2012 8:52:20 AM PDT by mykroar (Race/religious riots & hurricanes bring November martial law. Voting postponed.)
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To: GilGil

The bigger problem here is that Obambi may have ALREADY set up the economy to crash NO MATTER WHO WINS


5 posted on 11/01/2012 8:53:20 AM PDT by Mr. K (What The World would hate more than the USA in charge is the USA NOT in charge")
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To: GilGil

Stop this BS.

Lockheed only has 123,000 employees!

Spreading stupid stories like this, is irresponsible and reflects poorly on FR.


6 posted on 11/01/2012 8:55:52 AM PDT by Professional
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To: GilGil

Strange times!

LM is up 81 centavos to $94.47.

Lots of family have retired from Lockheed, still have a few friends working there.. they are a vastly different company from years ago and have diversified into all types of fields as a result.

Skrew Obama. He couldn’t light a sparkler if ya gave him a blowtorch.. which he probably couldn’t light either.


7 posted on 11/01/2012 8:56:22 AM PDT by NormsRevenge (Semper Fi)
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To: GilGil

I can see the unions lining up already if there are layoffs and the WARN act was not adhered to. But no worries, our tax dollars will pay for any lawsuits apparently. Or not.

Lucky for me, LM laid me off over a year ago so I have no fear of getting pink slipped this time. Fortunately for me I was able to take retirement the same day. Combined with SS benefits, our take home is now 80% less. But, surviving anyway. Glad to be out of the corporate BS after so many years and all the diversity BS being shoved down our throats.

Helping keep mankind warm for 65 years.


8 posted on 11/01/2012 8:58:04 AM PDT by rktman
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To: GilGil

Good grief, no, there are not going to be 500,000 layoffs in the sector, because that is roughly how many employees there are... There are believed to be 350,000 employees for the major companies in the US employed in defense.


9 posted on 11/01/2012 8:58:07 AM PDT by Professional
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To: Professional

must be the wrong kind of tea ...


10 posted on 11/01/2012 8:58:30 AM PDT by RitchieAprile (look out for the Bull!)
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To: Professional

Direct Competitor Comparison
LMT BA NOC RTN Industry
Market Cap: 30.38B 53.62B 16.97B 18.91B 640.00M
Employees: 123,000 171,700 72,500 71,000 3.50K


11 posted on 11/01/2012 8:59:07 AM PDT by Professional
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To: Professional

The article sources yahoo.com


12 posted on 11/01/2012 8:59:07 AM PDT by GilGil
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To: Professional

The article sources yahoo.com


13 posted on 11/01/2012 8:59:15 AM PDT by GilGil
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To: Professional

The article sources yahoo.com


14 posted on 11/01/2012 8:59:15 AM PDT by GilGil
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To: Professional

The article sources yahoo.com


15 posted on 11/01/2012 8:59:15 AM PDT by GilGil
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To: Professional

The article sources yahoo.com


16 posted on 11/01/2012 8:59:15 AM PDT by GilGil
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To: Professional

The article sources yahoo.com


17 posted on 11/01/2012 8:59:15 AM PDT by GilGil
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To: Professional

The article sources yahoo.com


18 posted on 11/01/2012 8:59:15 AM PDT by GilGil
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To: Professional

The article sources yahoo.com


19 posted on 11/01/2012 8:59:15 AM PDT by GilGil
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To: Professional

The article sources yahoo.com


20 posted on 11/01/2012 8:59:15 AM PDT by GilGil
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