Lockheed Martin CEO-to-be fired over relationship with subordinate employee

Seems to be the new all encompassing excuse these days.
So how many will be laid off over the turmoil this will "Supposedly cause"?

Actually this story is the excuse for this.
Defense contractor Lockheed Martin heeded a request from the White House today one with political overtones and announced it will not issue layoff notices to thousands of employees just days before the November presidential election.

Lockheed, one of the biggest employers in the key battleground state of Virginia, previously warned it would have to issue notices to employees, required by law, due to looming defense cuts set to begin to take effect after Jan. 2 because of the failure of the Joint Select Committee on Deficit Reduction the so-called Super-committee, which was created to find a way to cut $1.5 trillion from the federal deficit over the next decade.

Such massive layoffs could have threatened Obama's standing in the state he won in 2008 and is hoping to carry again this November.

Source: http://www.news.theusalinks.com/2012/11/10/lockheed-martin-ceo-to-be-fired-over-relationship-with-subordinate-employee/