Defense Layoff Notices May Flood Nation On Eve of Election, Thanks To Sequester

WASHINGTON: Companies that do business with the federal government will have to announce “hundreds of thousands” of lay-offs just days before the November election, predicted the former Pentagon comptroller for George W. Bush. As sequestration approaches, said Dov Zakheim, the former comptroller, companies large and small will be faced with layoffs, which by law —…