WARN Act

1

Fiscal cliff could cause layoffs for defense contractors

Aug 9, 2012
The big defense contractors -- including Lockheed Martin and Pratt & Whitney -- say they may have to send out mass layoff notices to their employees in a few months. That's because they're worried that hundreds of billions of dollars in expected cuts to the Pentagon's budget will have a big effect on them.
Posted In: defense, defense contractors, WARN Act, layoffs

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