Boeing makes "unexpected" big layoffs in Defense

[EL PRESIDENTE]

Not really "unexpected". But there was apparently pressure to delay these announcements until after the election. Like has been said, "the rules have changed".

http://www.cnbc.com/id/49729998

Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs.

 

[Eastoff]

Damn it, how will we have our military industrial complex, if the military industry cuts back!?

 

[BrianFromWA]

Lockheed's coming, too...

 

[3RA1N1AC]

oh no they are cutting back on management? who is going to watch people work now?

 

[Fez Hammersticks]

Had Romney won Boeing would be on a hiring spree.

[/greenfont]

 

[BrianFromWA]

you don't need the green font for that.

 

[EL PRESIDENTE]

Damn it, how will we have our military industrial complex, if the military industry cuts back!?

Iran fired on a US drone last week in international airspace too. Just coming out in the news.....

 

[barfo]

In other news, buggy whip manufacturers announced plant closings due to 'unsold inventory'.

barfo