"The budget cuts in defense spending, robbed our company of our major earning..." I was not under the impression the Department of Defense was ROBBING Lockheed. Thanks for clearing that for us!! Lockheed management could NEVER, NEVER have see that having 80% of your business dependent upon one costumer is not a good business plan. Yes, it is a wonderful day when two thousand employees get whacked! Higher bonuses for management! What a great day! Yep, I always got a chuckle when the "Big Man" arrives in the plant with his posse in a $3,000 suit and $85,000 Rolex to tell us how we have to sacrifice...
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I think that 2016 will be pretty rough year for us - I have no insider info, just my gut feeling that we'll have many layoffs
"Higher bonuses for management" sums it up