Goodbye to the soon-to-be-sold National Security Systems (or is it Solutions? Everybody has a Solution of some kind), now that their sale to CACI has been made official. If you have any of those complete sets of Titan, Stratis and NSS coffee cups, they might go up in value pretty soon here.
And goodbye to all that nice cash flow.
That's my boy Mike Straenese and his girl friend Kathy Press!
So where was their vigilance when it comes to the due diligence of laying people off? They presented their story about purchasing our ability to bring in business and then cuts the legs our from under the teams. What other great business decisions will they make? No different than Mike Straenese at L-3 telling everyone they appreciated their support over the years....as he profits from the sale and the little people are murdered with the short notice and no severance!
CACI screwed the NSS emps on severance - cheap, disrespectful, half-assed
the CACI decision making with NSS layoffs was laughable, eliminating many dedicated and productive employees while keeping known high-paid blowhards who live for endless useless meetings - well done!
Layoffs began today, 12-60 day notices.
All the old retired military big wigs in Reston will retire with huge bonuses, its the worker bee's that will get screwed.
Hostile takeover or just sell a few things to pay the bills?