Layoff Warnings News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the notch election due to looming automatic spending cuts. the company saying the white house will use taxpayer dollars to pay for necessary serve even costs that arise. one lawmaker calling that something close to extortion. stuart, give us the background here. why would they call that extortion. it many the taxpayer getting squeeze. let s go forward to january 1. that s when defense department cuts are supposed to take place. 60 days in advance that november 2, warning notices are supposed to go out from contractors to their employees saying here comes some layoffs. the administration does not want layoff warnings going off right before the election. so they said to people like lockheed martin. you don t need to send these layoff warnings out. they say they are hypothetical. lockheed martin says it is the law. we must send the out the

White houseSpending cutsDefense department cutsLets goJanuary 1Federal aviation administrationWarning noticesNovember 2Healthcare lawLockheed martinLayoff warnings