[quote=paramount]This coming Tuesday once again will be a slaughter at one of those contractors.

It’s been a brutal last year for the defense sector in San Diego – with no signs of abatement.

There have been more than 10 rounds of layoffs in the last year – I would say at this point at least a 30-40% reduction in our work force.[/quote]

I no longer have visibility in some of these defence firms because the folks I know are no longer there. The last I heard was lost contracts and plans to trim the severance packages….Although they didn’t say, I’m guessing that’s some of the folks I know left…to get the previous packages. It definitely is brutal in these sectors.