Job cuts planned at Boeing

Fierce competitive pressure is forcing Boeing Commercial Airplanes into a new cost-cutting push that will include eliminating jobs, BCA Chief Executive Ray Conner announced at a senior leadership meeting Wednesday morning and in a webcast to all employees. No details were given on the timing or scale of the job cuts, but the tone of the announcement suggests a significant impact across BCA. "We will start reducing employment levels beginning with executives and managers first," said company spokesman Doug Alder. "We will also use attrition and voluntary layoffs. As a last resort, involuntary layoffs may be necessary." "The overall employment impact will depend on how effectively we bring down costs as a whole," Alder added. At the beginning of this year, Boeing employment in Washington state stood at 79,238. That's down almost 7,800 jobs from the most recent peak in the fall of 2012 of 87,023.<br/>
The Seattle Times
http://www.chicagotribune.com/business/sns-tns-bc-boeing-jobs-20160210-story.html
2/10/16