Here's Another Accidentally GREAT Endorsement of Kash Patel for an FBI Leadership Role
Pathologist Shocks Daniel Penny Trial by Pointing to Another Cause of Death for...
She's Gone Full Fruit Loop: Whoopi Dons Tin Foil Hat, Claims Elon Is...
'OH, NO! SHE'S COMPETENT!' MSNBC Accidentally Endorses AG Pick Pam Bondi During Meltdown
Draggin' Over Dragons: Joe Rogan Shields Himself Against Joy Behar's Fiery Flames
'The Golden State Is Eating Its Golden Geese' California Defaults on Loan: Businesses...
Rescue Party: The Dems’ Desperate Search for a Normal 2028 Presidential Candidate Begins
Daytime Dysfunction: 'The View' Continues to Give ABC's Lawyers MAJOR Headaches
Literally NO ONE Is Asking for This: CBS News Insists 'Some' Voters Are...
Heaven on Earth: Take a Glimpse Inside the Restored Notre Dame Cathedral
Unpopular Opinion: Rand Paul Warns Trump Against Using Military to Deport Illegals, Gets...
Donald Trump Nominates Former Florida AG Pam Bondi for Attorney General
Bob Casey Jr Finally Concedes to Dave McCormick in Pennsylvania Senate Race
This TOTALLY Did Not Happen! Climate Activist Says Hurricanes Convinced His Barber Climate...
LET THEM FIGHT: Cenk Uygur Calls Out Joy Behar and 'The View' and...

Boeing's defense division 'unexpectedly' announces layoffs, facility closings on day after election

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.

Advertisement

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.

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.”

https://twitter.com/BarackProblema/status/266294678364762112

https://twitter.com/SMjaniczek/status/266331025523752962

Advertisement

https://twitter.com/Hardline_Stance/status/266364847405539328

Is that confetti from the victory celebration? No wait, those are pink slips.

Related:

Biggest gaffe of the night: Obama’s sequestration blunder

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement