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-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

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

ANN's Daily Aero-Linx (05.02.24)

Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

NTSB Final Report: Cirrus Design Corp SR20

Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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