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