Defense Contractors Plan to Go Forward With Layoff Notices

By: Friday August 10, 2012 9:35 am

It looks like several defense contractors will side with high-profile Republicans and ignore the Department of Labor guidance, and send out layoff notices to thousands of their employees four days before the election. At least two contractors will press ahead: Despite administration warnings that notices related to sequestration were unnecessary, Lockheed Martin and Pratt & [...]

Bank of America Death Watch – Mass Layoffs Imminent

By: Friday August 19, 2011 6:10 am

It’s really amazing to me that nobody has connected the slumping stock market with the fact that one of the four major US banks is on life support. There are 30 stocks in the Dow Jones Industrial Average. Bank of America is one of them. They’re down close to 50% on the year. That cannot [...]

Layoff Notices Go Out in Wisconsin as Walker Approval Plummets

By: Friday March 4, 2011 10:01 am

Scott Walker held to his threat of issuing layoff notices to public employees because of the passing of a deadline for the budget reapir bill. The deadline, which concerns a $165 million refinancing scheme that Walker claims needs time to accomplish, seems bogus to many financial experts who I’ve consulted about this. Basically, bond restructuring [...]

Assembly Dems Meeting with Walker Cabinet Secretary on Alternative Budget Proposal

By: Thursday February 24, 2011 12:22 pm

MADISON, WI (FDL) – The Assembly Democrats have presented an alternative budget proposal and are meeting with the head of the Department of Administration, Mike Huebsch. We’re trying to get a copy of the alternative proposal, but I’m not sure they’ll have any more success with that as they’ve had with their litany of amendments [...]

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