Seems that the sequestration of Defense moneys will cost a LOT of people their jobs in the very near future.
...Corporations who are impacted by this sequestration process will be forced to lay off tens of thousands of employees. The WARN act dictates a 60-day notice for layoffs. Sequestration would kick in on January 2, 2013. 60 days prior to January 2 is – November 2… just a few days before the election. Barack Obama does NOT want to have tens of thousands of pink slips to go out days before the election.
So. How to wallpaper over that little problem?? Manipulation!!!
This week the DOL issued guidance that companies need not comply with the WARN Act if sequestration occurs.
A little lying and cheating here and there, and *presto*--election victory, right??