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Post by Joe Lyddon on Oct 7, 2012 11:57:15 GMT -8
After Obama guidance, Lockheed won't issue layoff notices this year
Lockheed Martin and other defense contractors backed down from issuing layoff notices to employees on Monday after the Obama administration promised to pick up the tab for severance costs resulting from sequestration.
The news provided welcome relief for President Obama, who faced the prospect of mass layoff notices in battleground states just days before the election, and outraged Republicans, who accused the administration of bending the law to hide job losses from the public.
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Sen. Lindsey Graham (R-S.C.) called the administration’s actions illegal and said he would work to prevent taxpayer dollars from being used to pay for severance.
“I will do everything in my power to make sure not one taxpayer dollar is spent reimbursing companies for failure to comply with WARN Act,” Graham told The Hill in a phone interview Monday. “That is so beyond the pale — I think it’s patently illegal.”
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