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Verizon Communications Inc. Message Board

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  • enufff_already enufff_already Nov 19, 2012 10:33 AM Flag

    The so-called "Union" kiilled 18,500 jobs. Period. Not a victory.

    Actually because of how it is set up, defense companies have already started lay offs. I know of one defense contractor company in ny that has never laid off. They are now announcing their 3rd round of layoffs.

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    • that's because defense knows for certain that there won't be as many teats to suck on the government
      udder after Jan 1 ....
      there have already been statements to the effect that military cuts will be on the personnel side ,
      and not much on the hardward side ... more than likely , new jets , large planes and ships will
      be on hold for who knows how long , but anything tech that will enhance troops and drone type
      equipment will remain strong ...

      it's going to be stocking picking time with defense contractors , some will shrink and others
      will do okay to very well ....

      since the military constantly overspends , it will be an easy target to trim many billions without
      actually hampering our defense capabilities ....

      when investing anywhere , one has to take the step back frequently and determine what is
      media hype and what the actual situation is ..... later ... garce

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