Boeing Commercial To Lay off 4,500
Boeing last month said it plans to slash employment at its Commercial Airplanes business by some 4,500 positions this year “as part of an effort to ensure

Boeing last month said it plans to slash employment at its Commercial Airplanes business by some 4,500 positions this year “as part of an effort to ensure competitiveness and control costs in the face of a weakening global economy.” The cuts lower Boeing Commercial Airplanes’ employment total to approximately 63,500, roughly the level at which it began at the start of last year.

A Boeing spokesman told AIN that the company planned to distribute 60-day layoff notices on February 20, meaning the actual job cuts won’t begin until next month.