Job Cuts Announced At Boeing | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Fri, Feb 12, 2016

Job Cuts Announced At Boeing

Commercial Airplane Division To Be Hardest Hit

Boeing has announced plans to reduce its workforce, primarily in the Commercial Airplane division, beginning with management.

The Seattle Times reports that Boeing Spokesman Doug Alder said that executives and managers will be the first to be let go, but the employment reductions will be across all segments. Alder said that company will initially use attrition and voluntary separations before resorting to involuntary layoffs.

“The overall employment impact will depend on how effectively we bring down costs as a whole,” Alder said.

Boeing Commercial Airplanes CEO Ray Conner announced the cost-cutting move in a webcast to all employees Wednesday morning.

The International Association of Machinists (IAM) has not been given any specific information on the layoffs, according to the report.

The company "must reduce the cost of designing and building our airplanes" to "win the market, fund our growth and operate as a healthy business," Alder said.

(Image from file)

FMI: www.boeing.com

Advertisement

More News

Unfortunate... ANN/SportPlane Resource Guide Adds To Cautionary Advisories

The Industry Continues to be Rocked By Some Questionable Operations Recent investigations and a great deal of data has resulted in ANN’s SportPlane Resource Guide’s rep>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

ANN's Daily Aero-Term (04.29.24): Visual Approach Slope Indicator (VASI)

Visual Approach Slope Indicator (VASI) An airport lighting facility providing vertical visual approach slope guidance to aircraft during approach to landing by radiating a directio>[...]

ANN's Daily Aero-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC