I’m sure this is just a coincidence … unexpectedly Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs. The company [BA 70.11 -1.47 (-2.05%) ] told employees about the changes on Wednesday, in a memo obtained by Reuters and confirmed by Boeing. Boeing, the Pentagon’s
boeing
February 18, 2012
Obama’s chutzpah [Darleen Click]
The usual campaign blather from The One’s weekly address President Obama says that while technology and outsourcing have eroded the traditional American manufacturing base, innovation and skill will position the country to compete in the future. “Jobs that provided a decent living have been shipped overseas. And the hard truth is that a lot of those jobs aren’t coming back,” Obama said in his weekly address, released Saturday. “But that