General Dynamics Warns of Layoffs

Workers at General Dynamics NASSCO shipyards are bracing for pink slips resulting from sequester-mandated defense spending cuts. The company, which builds U.S. Navy ships, has notified 1,040 workers that they could be laid off indefinitely starting in late April. Large businesses are required to give workers a warning 60 days before major payroll reductions.

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General Dynamics Warns of Layoffs

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