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  "documentTitle": "Leidos Holdings, Inc. (LDOS)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2021-02-16 00:00:00",
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  "notes": "The slide uses a call-and-response format to highlight a discrepancy between Booz Allen's transparency and Leidos's silence.",
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      "text": "Booz Allen acknowledges the Amazon recruitment threat and has reported recent challenges. Using LinkedIn data we see that Leidos new hire growth has been marginally worse than Booz Allen's.",
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      "text": "\"Could you sort of give us an overview of how that's going? I think there was a lot made of kind of Amazon moving to the capital region. How much competition are you seeing from kind of the tech industry?\" — Analyst Barcap Conf Feb 2020; \"Yes. Look, hiring's tough. Again, this is one of the areas that we view is the thing that keeps our CEO and CFO up at night... So them coming to DC maybe intensifies that competition a little bit, but the idea that we've never seen Amazon before, and we've never competed for talent until they announced HQ2 is just not true.\" — Former VP Booz Allen Response; \"Early indication is that our fourth quarter productivity levels may remain closer to historical norms... This was critically important because the labor market, as we often appreciate, is very competitive. Pre-pandemic and in the midst of COVID, it has remained so.\" — CFO Comments Q3 2021 Jan 29, 2021",
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