Saturday, August 27, 2011

Article: Northrop Gruman cuts 500 aerospace jobs

This is good for Northrop Grumman profits, bad for the affected employees. 

Employees, being the selfish folks that they are, would much prefer that "someone else (besides them)" be laid off rather than cutting "everyone" salaries to reduce costs. This is the cult of the individual prevailing over the common good.

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