February 20, 2009

Boeing issues 1,100 layoff notices

About 700 Boeing workers in the Puget Sound area are set to receive 60-day layoff notices Friday morning as part of Boeing’s plan to reduce its commercial work force in the region by about 4,500 jobs this year. They are among 1,100 employees that will get the notices Friday, the company said.

Boeing has said it expects to reduce employment companywide by about 10,000 positions this year through layoffs, attrition and by not filling open positions. It will also cut back on contract labor.

Source: Seattle Post Intelligencer

January 28, 2009

Boeing Plans 10,000 Job Cuts

According to CNNMoney: “Boeing Co. lowered its 2009 earnings outlook on Wednesday to reflect weakening economy conditions, saying it plans to slash about 10,000 jobs as the aerospace giant weighs the possibility of a modest production cut for the year.”

“Earlier this month, Boeing said it plans to cut 4,500 jobs in commercial airplanes this year as it reins in costs, with most of the reductions in areas not directly related to airplane production”.

“In addition to the 787, Boeing announced delays in its 747-8 deliveries.”

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