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-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

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-Term (04.20.24): Light Gun

Light Gun A handheld directional light signaling device which emits a brilliant narrow beam of white, green, or red light as selected by the tower controller. The color and type of>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

ANN's Daily Aero-Linx (04.21.24)

Aero Linx: JAARS, Inc. For decades now, we’ve landed planes on narrow rivers and towering mountains. We’ve outfitted boats and vehicles to reach villages that rarely se>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

ANN's Daily Aero-Term (04.21.24): Aircraft Conflict

Aircraft Conflict Predicted conflict, within EDST of two aircraft, or between aircraft and airspace. A Red alert is used for conflicts when the predicted minimum separation is 5 na>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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