Boeing Announces Big Layoffs in Defense Division | General Discussion Topics | Forum

A A A
Avatar

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —






— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
Boeing Announces Big Layoffs in Defense Division
November 10, 2012
3:38 am
Avatar
katsung47
Member
Members
Forum Posts: 829
Member Since:
February 23, 2011
sp_UserOfflineSmall Offline

Boeing Announces Big Layoffs in Defense Division
Published: Wednesday, 7 Nov 2012

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.

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

Watch the date of the announcement. They don't want bad news to hurt Obama's campaign?

November 12, 2012
3:01 pm
Avatar
En-Lugal
Member
Members
Forum Posts: 564
Member Since:
August 27, 2012
sp_UserOfflineSmall Offline

People reported this was coming and were told they were nuts or conspiracy theorists.

The modern definition of ‘racist’ is someone who’s winning an argument with a liberal.

November 12, 2012
5:12 pm
Avatar
BloodStone
Member
Members
Forum Posts: 1401
Member Since:
April 9, 2009
sp_UserOfflineSmall Offline

Yup , every single scandal, and bit of news that would have made sure Obamao was a one term president was hidin till after the elction.

So sad what we have become. Only hope now is that Obamao is seen as the failure he really is, and I'm pretty sure after another 4 years of going nowhere , we will probably never elect a demorat again.

BloodStone...

If it were raining hookers, I'd get hit by a fag.

November 12, 2012
5:32 pm
Avatar
greeney2
Member
Members
Forum Posts: 10204
Member Since:
April 9, 2009
sp_UserOfflineSmall Offline

I would not make much out of the Boeing news. I worked for them as one owner of my division from 95 to 2006, but what they did is very common in aerospace. Work always slows when a Presidential change nears, lots of uncertainty, and it is also the holidays. That is why one company told the workers, this may happen. Fiscal year starts in October for many of these places, when their budget money starts and stops. That is why you see lots of overtime to use up budgets, or they will get them again. They also have a agreement with the unions, to not lay off in the holidays, so more may come in January, is my guess. Yes, Obama probably means certain contracts will not go through, and defense is being cut. The stealth fighter was reduced, in flight refueling aircraft I think, and probably many other programs. I am sure you will see hits in the missile defense shields/starwars programs.

What is bad is all these big divisions, also sub out work locally to local machine shops, who are going to get flattened with these cutbacks. They are required to sub out 20% of these big contracts, and one reason the government grants them. To put dollars into cities and these areas, so remember that next time you curse the defense industry, it provides countless local jobs in small business. That was also Romneys thinking.

Forum Timezone: America/Los_Angeles

Most Users Ever Online: 288

Currently Online:
36 Guest(s)

Currently Browsing this Page:
1 Guest(s)

Top Posters:

greeney2: 10204

bionic: 9870

at1with0: 9243

Lashmar: 5289

tigger: 4576

rath: 4297

DIss0n80r: 4161

sandra: 3858

frrostedman: 3815

Wing-Zero: 3278

Member Stats:

Guest Posters: 2

Members: 23835

Moderators: 0

Admins: 2

Forum Stats:

Groups: 8

Forums: 31

Topics: 8620

Posts: 123028

Newest Members:

HotRod, adrainsmith, brooklyn, Paul Willis, The_Real_Mike, Accurateengg, adityaengg, james weber, john, TenderCareLawnService

Administrators: John Greenewald: 538, blackvault: 1776