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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Thehammer who wrote (520208)	11/7/2012 3:34:34 PM
From: jlallen	Respond to of 793575

Yep....afraid so...

To: Thehammer who wrote (520208)	11/7/2012 3:36:22 PM
From: Neeka	Read Replies (1) \| Respond to of 793575

I wonder how many people this will affect? How many more families will need govt assistance? The nation's second-largest defense contractor plans to cut 30% of its management positions from 2010 levels, close facilities in California and consolidate several business units.

To: Thehammer who wrote (520208)	11/7/2012 3:37:28 PM
From: Brian Sullivan	Read Replies (1) \| Respond to of 793575

They got the memo from Axelrod, that this wasn't to be announced until after the election. 3:14 PM In an effort to reduce costs, Boeing ( BA -2%) announces a major restructuring of its defense division. The nation's second-largest defense contractor plans to cut 30% of its management positions from 2010 levels, close facilities in California and consolidate several business units. The cuts are aimed at saving the company an additional $1.6B through 2015.