Boeing Announces Big Layoffs in Defense Division fb.me/11MwlSkNe
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Charlie Martin (@chasrmartin) November 08, 2012
As Twitchy reported in September, the Obama administration made moves to encourage defense contractors to delay layoff announcements until after the election, offering to reimburse contractors for any legal costs incurred in not informing their affected employees. Lockheed Martin seemingly took the offer, and today, Boeing announced it would be cutting 30 percent of management positions.
CNBC reports:
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.
Boeing, the Pentagon’s second-largest supplier, said the changes were the latest step in an affordability drive that has already reduced the company’s costs by $2.2 billion since 2010, according to the memo.The company told employees about the changes on Wednesday, in a memo obtained by Reuters and confirmed by Boeing.
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Boeing said the changes were not a response to the threat of additional, across-the-board U.S. budget cuts due to take effect on Jan. 2, or the outcome of U.S. elections, but represented another step in its continuing drive to “be more competitive while investing in technologies and people.”
I bet a lot of Boeing employees voted Obama. Bye bye union man.
Boeing Announces Big Layoffs in Defense Division fb.me/2naPAWM19—
Barack Problema (@BarackProblema) November 07, 2012
Funny how they didn't know this Monday. MT @Conservative_VW: Boeing Announces Big Layoffs in Defense Division fb.me/2naPAWM19—
Debbie M. (@mosesmosesmoses) November 07, 2012
@markknoller 200 k people laid at Boeing. But what do you care. Your idol was reelected. Don't care about the debt, unemployment vile—
Stephanie Janiczek (@SMjaniczek) November 08, 2012
How incredibly unethical. Boeing announced layoffs today. Made back room deal with Obama not to annouce layoffs until after election.—
America Speaking Out (@America_Speaks) November 08, 2012
Great timing! RT @chasrmartin: Boeing Announces Big Layoffs in Defense Division fb.me/11MwlSkNe—
AG (@AG_Conservative) November 08, 2012
Waiting until day after Obama re-election – Boeing announces big LAYOFFS — fireandreamitchell.com/2012/11/07/wai…—
Hardline Stance (@Hardline_Stance) November 08, 2012
Is that confetti from the victory celebration? No wait, those are pink slips.
Boeing cutting 30% Yay!! Obama Won!! OBAMA WON !!!! What's this? A Pink Slip? m.cnbc.com//id/49729998 #tcot—
Paula (@IHSBVM) November 08, 2012
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