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Thread: Defense Firms Say Layoff Warnings Loom

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    Defense Firms Say Layoff Warnings Loom

    Dismayed at a returning Congress still struggling to avert automatic budget cuts, defense contractors could soon alert thousands of employees their jobs are at risk.

    The defense industry is gambling that neither Congress nor the White House wants headlines about potential layoffs so close to Election Day — and that the threat of layoff warnings could push lawmakers and President Barack Obama into resolving a budget standoff that has dragged on for more than a year.

    Defense firms say layoff warnings loom - Austin Wright - POLITICO.com

    president punt is already in violation of congressional action he signed into law last month dictating the fourth-down president itemize exactly where these draconian cuts, which defense secty panetta says will "devastate" our military, will fall

    labor's hilda solis mailed a letter on july 31 to defense contractors advising them NOT to send pink slips required by the WARN act 60 days before layoffs

    the cuts go into effect jan 2

    there are reportedly 100K defense industry jobs potentially at risk in virginia alone

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    Re: Defense Firms Say Layoff Warnings Loom

    Quote Originally Posted by The Prof View Post
    labor's hilda solis mailed a letter on july 31 to defense contractors advising them NOT to send pink slips required by the WARN act 60 days before layoffs
    True, and according to the law she has no authority to waive the notification requirement (which will be due just before the election). This should be interesting.
    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
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    Re: Defense Firms Say Layoff Warnings Loom

    Quote Originally Posted by The Prof View Post

    Defense firms say layoff warnings loom - Austin Wright - POLITICO.com

    president punt is already in violation of congressional action he signed into law last month dictating the fourth-down president itemize exactly where these draconian cuts, which defense secty panetta says will "devastate" our military, will fall

    labor's hilda solis mailed a letter on july 31 to defense contractors advising them NOT to send pink slips required by the WARN act 60 days before layoffs

    the cuts go into effect jan 2

    there are reportedly 100K defense industry jobs potentially at risk in virginia alone

    OK by me. Even bigger Military Offense/Defense budgets would be even better. When you talk about Corporate Welfare the $700 Billion budget for the Military should jump up and take a bow. It's time to start making jobs that mitigate Global Warming while promoting Renewable Energy and Boosting local economies. Of course, this cuts the Defense Contractors and Big Energy out of the Pork Pie. Do you suspect that is why they buy some of the best Congressmen that money can buy? Ya think?

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    Re: Defense Firms Say Layoff Warnings Loom

    Quote Originally Posted by The Prof View Post

    Defense firms say layoff warnings loom - Austin Wright - POLITICO.com

    president punt is already in violation of congressional action he signed into law last month dictating the fourth-down president itemize exactly where these draconian cuts, which defense secty panetta says will "devastate" our military, will fall

    labor's hilda solis mailed a letter on july 31 to defense contractors advising them NOT to send pink slips required by the WARN act 60 days before layoffs

    the cuts go into effect jan 2

    there are reportedly 100K defense industry jobs potentially at risk in virginia alone
    All the more reason that the corps start maufacturing in this country again; right?
    “The people do no want virtue; but they are the dupes of pretended patriots” : Elbridge Gerry of Mass; Constitutional Convention 1787

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    Re: Defense Firms Say Layoff Warnings Loom

    Quote Originally Posted by DaveFagan View Post
    OK by me. Even bigger Military Offense/Defense budgets would be even better. When you talk about Corporate Welfare the $700 Billion budget for the Military should jump up and take a bow. It's time to start making jobs that mitigate Global Warming while promoting Renewable Energy and Boosting local economies. Of course, this cuts the Defense Contractors and Big Energy out of the Pork Pie. Do you suspect that is why they buy some of the best Congressmen that money can buy? Ya think?
    The defense contracters give us our money's wort
    h. Solyndra? Eh, not so much.
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    Re: Defense Firms Say Layoff Warnings Loom

    this afternoon:

    McCain’s office released letters from the CEOs of thirteen major defense vendors, of which three said they already know they’ll send the warnings: Lockheed Martin, the world’s biggest defense contractor; EADS North America and BAE Systems. Several others left open the possibility, including Raytheon, General Dynamics, SAIC and Northrop Grumman. Other CEOs said they didn’t expect they would need to issue layoff warnings, or that they wouldn’t issue them unless the Defense Department specifically terminated or restructured their existing contracts.

    Each CEO complained about the uncertainty caused by the potential cuts, and each reinforced industry leaders’ longstanding warnings about the dangers of sequestration, citing studies that have found it could cost millions of jobs and put the U.S. economy into recession.

    “Should sequestration occur, I believe it will have a devastating impact on our company and the defense industry,” wrote Lockheed CEO Robert Stevens. “It will undoubtedly lead to facility closures and significant job loss. It will disrupt our advanced manufacturing operations, erode our engineering expertise and capability and accelerate the loss of critical skills and knowledge.”
    Defense firms confirm layoff warnings - Philip Ewing - POLITICO.com

    there are 100's of 1000's of defense industry jobs in swing states virginia, florida and north carolina

    hampton roads and norfolk in the commonwealth, very purple districts

    jacksonville and the panhandle of florida, generally red

    and the research triangle, raleigh-durham-chapel hill, among the tarheels, another very swingy area

    even if they don't get a pink slip, know that defense industry workers know

    professional scuttlebutt being how it is

    worry

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    Re: Defense Firms Say Layoff Warnings Loom

    Thats interesting, many of these firms (Northrop Gruuman, General Dynamics, Boeing, etc) all have a heavy presence in just about every swing state. Wild card is, who will they blame?

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    Re: Defense Firms Say Layoff Warnings Loom

    Quote Originally Posted by The Prof View Post

    Defense firms say layoff warnings loom - Austin Wright - POLITICO.com

    president punt is already in violation of congressional action he signed into law last month dictating the fourth-down president itemize exactly where these draconian cuts, which defense secty panetta says will "devastate" our military, will fall

    labor's hilda solis mailed a letter on july 31 to defense contractors advising them NOT to send pink slips required by the WARN act 60 days before layoffs
    Great, Obama is going to weaken our military. Let's hope the Chinese don't invade.

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    Re: Defense Firms Say Layoff Warnings Loom

    This was an inevitability. What happens when less people are employed? Less taxes are taken in. Somewhere, something had, or HAS, to give. Somewhere in our countries budget, SOMETHING has to go bye bye. Look at the teacher's union in Chi town. The recession is finally hitting the north east, like it's been hitting the south and south west.

    It's gonna get ugly.
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    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Defense Firms Say Layoff Warnings Loom

    Quote Originally Posted by The Prof View Post

    Defense firms say layoff warnings loom - Austin Wright - POLITICO.com

    president punt is already in violation of congressional action he signed into law last month dictating the fourth-down president itemize exactly where these draconian cuts, which defense secty panetta says will "devastate" our military, will fall

    labor's hilda solis mailed a letter on july 31 to defense contractors advising them NOT to send pink slips required by the WARN act 60 days before layoffs

    the cuts go into effect jan 2

    there are reportedly 100K defense industry jobs potentially at risk in virginia alone
    Government spending can't create jobs!

    If we cut this government spending it cause massive job loss!

    I'm sorry brother which is it? And correct me if I'm wrong but since when was it the government responsibility to keep people employed? Since when does the government have to continue spending on things it no longer thinks it needs because it doesn't want people to be out of a job, sounds like socialism to me man. And since when is the DoD responsibility to keep people employed building things it thinks it no longer needs?

    Here's a story about General Dynamics who through lobbying and Congressmen of districts where their factories lie were able to extend an M1A1 Abrams tank contract the US Army and Chief of Staff said they had no use for and wanted to relocate the money to other projects.

    The Army tank that could not be stopped | The Center for Public Integrity

    Defense spending is the biggest "stimulus" no one talks about, so much of it is solely for the purpose of keeping people working for things the military doesn't need just so some Congressman doesn't have to suffer a closed factory in his district. What happened to free market capitalism, can the consumer(ie the government) decide not to purchase from a company if it doesn't want to anymore or is it morally compelled to keep those people employed against market forces?

    Lockheed Martin leads expanded lobbying by U.S. defense industry - The Washington Post

    Congress added $255 million to the Army’s $181.3 million request for upgrades of the Abrams tank built by General Dynamics. The funding was supported by Republican House Speaker John A. Boehner of Ohio, where the tank is assembled.
    So the Army said we need 181 million to upgrade our tanks, Congress said "Hey here's 255 million, lets keep those factories open." The difference is pure waste and can be cut from the budget to save money, reduce the deficit, lower taxes, etc.

    You know being a logistican, supply specialist, I do a lot of inventorying of Army equipment and I constantly run across things like "20 dollar hammers, 40 dollar wrenches, 900 dollar jacks, etc" and I bet your ass its because some Congressman has a hammer factory, a wrench factory, jack factory, etc that he wants to boost up with government dollars. Makes me ****ing sick.

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