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Electric Boat laying off 434 employees, but....
http://abcnews.go.com/Business/wireStory?id=9700797
Seems odd that they will lay off a load of people when they've been awarded a $24M contract to update a submarine. http://www.businessweek.com/ap/finan.../D9DHLJTO2.htm Electric Boat is solely owned by defense contractor General Dynamics. Really odd to lay people off when there's work to be done. I know I'm missing something, but what? |
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