Thursday, September 09, 2010

NOLA.com : Northrop Grumman closing Tallulah shipyard, laying off 110 at Avondale

NOLA.com : Northrop Grumman closing Tallulah shipyard, laying off 110 at Avondale

More good news/bad news - the shipyard at Tallulah will not close IMMEDIATELY because Northrop Grumman has contract work (good news for Northrop Grumman making money), and laying off employees and closing the shipyard in 2013 after the contract ends (bad news for the employees).

Why is it ALWAYS bad news for the employees?

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