Boeing To Cut 4,500 Jobs Due To Recession

Washington Seattle The Chicago-based company says the cuts will be made in its commercial aircraft business.
by The Associated Press.
Published: Fri, January 09, 2009 - 12:51 pm CST
SEATTLE (AP) - Airplane maker Boeing Co. says it plans to cut
about 4,500 jobs this year due to the global economic slowdown.
The Chicago-based company says the cuts will be made in its
commercial aircraft business, which has factories in the Seattle
area. It says many of the cuts will be in areas not directly
associated with aircraft production.
Most of the job cuts are expected to occur in Washington state
in the second quarter of the year. Boeing says employees will
receive 60-day notices starting in late February.
The cuts will enable Boeing to continue focusing on development
programs, airplane deliveries, productivity improvements and
quality, as well as customer support, the company says.

(Copyright 2009 by The Associated Press. All Rights Reserved.)
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