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Obama Tells Lockheed to Hold Back Layoffs Until After Election

 
DoorBert
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10/02/2012 06:34 AM
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Obama Tells Lockheed to Hold Back Layoffs Until After Election
Lockheed Martin said Monday it will not issue employee layoff notices this year, ending an election-year showdown with the Obama administration.

The company said it based its decision on new guidance issued Friday by the Office of Management and Budget and the Pentagon.

[link to thehill.com]
DoorBert (OP)

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10/02/2012 06:36 AM
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Re: Obama Tells Lockheed to Hold Back Layoffs Until After Election
Sen. Graham: Obama move on defense layoff notices 'patently illegal'

Sen. Lindsey Graham (R-S.C.) says that he will do anything he can to block the Obama administration from reimbursing defense contractors for severance costs if the firms don’t send layoff notices to employees.

The Obama administration issued guidance Friday that said defense firms’ costs would be covered if they have to layoff workers due to canceled contracts under the across-the-board cuts set to take effect Jan. 2.

[link to thehill.com]
Anonymous Coward
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10/02/2012 06:39 AM
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Re: Obama Tells Lockheed to Hold Back Layoffs Until After Election
It does not matter who gets elected. After elections things will be really bad.
CtYankee

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10/02/2012 06:42 AM
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Re: Obama Tells Lockheed to Hold Back Layoffs Until After Election
HELLO....doesn't he think EVERYONE knows by now......WH full of idots
CtYankee

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