Home › Forums › Financial Markets/Economics › Company leaving town?
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svelte.
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September 20, 2009 at 1:37 PM #460192September 20, 2009 at 4:38 PM #459475
socrattt
ParticipantIt won’t impact the real estate markets as the FED will just withhold more inventory.
My mother was involved in coordinating the move with SAIC, so this is definitely happening with major portions already completed. She was laid off once her department made the transfer to Virginia. Not sure she would have gone anyway.
On a brighter note Obama seems to be masterful at creating jobs, so I am sure San Diego won’t feel any impact ;).
September 20, 2009 at 4:38 PM #459668socrattt
ParticipantIt won’t impact the real estate markets as the FED will just withhold more inventory.
My mother was involved in coordinating the move with SAIC, so this is definitely happening with major portions already completed. She was laid off once her department made the transfer to Virginia. Not sure she would have gone anyway.
On a brighter note Obama seems to be masterful at creating jobs, so I am sure San Diego won’t feel any impact ;).
September 20, 2009 at 4:38 PM #460002socrattt
ParticipantIt won’t impact the real estate markets as the FED will just withhold more inventory.
My mother was involved in coordinating the move with SAIC, so this is definitely happening with major portions already completed. She was laid off once her department made the transfer to Virginia. Not sure she would have gone anyway.
On a brighter note Obama seems to be masterful at creating jobs, so I am sure San Diego won’t feel any impact ;).
September 20, 2009 at 4:38 PM #460075socrattt
ParticipantIt won’t impact the real estate markets as the FED will just withhold more inventory.
My mother was involved in coordinating the move with SAIC, so this is definitely happening with major portions already completed. She was laid off once her department made the transfer to Virginia. Not sure she would have gone anyway.
On a brighter note Obama seems to be masterful at creating jobs, so I am sure San Diego won’t feel any impact ;).
September 20, 2009 at 4:38 PM #460270socrattt
ParticipantIt won’t impact the real estate markets as the FED will just withhold more inventory.
My mother was involved in coordinating the move with SAIC, so this is definitely happening with major portions already completed. She was laid off once her department made the transfer to Virginia. Not sure she would have gone anyway.
On a brighter note Obama seems to be masterful at creating jobs, so I am sure San Diego won’t feel any impact ;).
September 20, 2009 at 6:40 PM #459508svelte
ParticipantAs was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.
September 20, 2009 at 6:40 PM #459699svelte
ParticipantAs was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.
September 20, 2009 at 6:40 PM #460034svelte
ParticipantAs was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.
September 20, 2009 at 6:40 PM #460106svelte
ParticipantAs was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.
September 20, 2009 at 6:40 PM #460304svelte
ParticipantAs was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.
September 20, 2009 at 8:45 PM #459551paramount
Participant[quote=svelte]As was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.[/quote]
Apparently you’ve spent to much time under that SD Sun…
September 20, 2009 at 8:45 PM #459744paramount
Participant[quote=svelte]As was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.[/quote]
Apparently you’ve spent to much time under that SD Sun…
September 20, 2009 at 8:45 PM #460077paramount
Participant[quote=svelte]As was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.[/quote]
Apparently you’ve spent to much time under that SD Sun…
September 20, 2009 at 8:45 PM #460150paramount
Participant[quote=svelte]As was said earlier, moving the corporate HQ to VA would just mean the corporate jobs…persons supporting existing contracts would likely remain here since they couldn’t afford to lose the expertise that is staffing the projects.
I would be surprised to see them, or any defense contractor, close up shop here. Why? Because their customers loooove trips to sunny SD. When it is snowing/freezing/humid/hot as stink in VA, those customers like a government paid trip to SD to check in on their contractors. They even bring their families, though their family’s airfare is prolly on their own dime.[/quote]
Apparently you’ve spent to much time under that SD Sun…
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