Quote:
Originally Posted by Jackbass
Actually Boeing announced lay offs, there were a number of large companies announced lay offs.
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Boeing as a company is doing quite well. They announced layoffs in the defense group as defense spending is slowing and they need to reduce costs to maintain a competitive posture.
This has nothing to do with Obama I'm sorry to say.
It's funny, juxtapose business as usual with a few gung ho execs who think they're Sean Hannity and suddenly the sky is falling.
I'd suggest getting your business info from a good site like seekingalpha.com rather than a partisan think tank.
-spence