Yes. Easily a million.
The bigger problem here is that Obambi may have ALREADY set up the economy to crash NO MATTER WHO WINS
Stop this BS.
Lockheed only has 123,000 employees!
Spreading stupid stories like this, is irresponsible and reflects poorly on FR.
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.
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.
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.
Shouldn’t be a problem, Mitt has 12M jobs ready to go next wed.
You know, I wish we had so way of getting this news out but the media has pretty much embargoed anything to do with Obama that isn’t a glowing story.
I just don’t think it matters, like the tree that falls in the woods.
The answer is simple: what we need is a SUPER-DUPER Blue Ribbon Committee. That’ll get the job done alright!
The headline is stupid, and false.
The issue was sending WARN notices, which might have to go to every employee since they wouldn’t know which employees were going to be in programs that were cut.
But they wouldn’t have to lay off more than 10% of the workforce for a 10% reduction in projects.
On the other hand, the estimate is that hundreds of thousands of jobs will be lost in Virginia if sequestration happens.
Ok, according to this story, layoff notices were going to be sent to ALL employees to send a message to the President...
Very interesting read, check this out.