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scbriml
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Boeing Layoffs

Fri Jul 18, 2003 4:49 pm

From Boeing's web site:

SEATTLE, July 17, 2003 -- Boeing Commercial Airplanes today announced it will reduce employment by an additional 4,000 to 5,000 people by the end of 2003 due to continued weakness in the commercial airline industry. The reductions will be accomplished through layoffs and attrition.

These are in addition to the 5,000 employment reductions for this year Commercial Airplanes forecast in November 2002. Commercial Airplanes estimates that its year-end 2003 employment total will be between 55,000 and 56,000 people. This total includes approximately 800 employees who left the company with the recent divestiture of a facility in Corinth, Texas.

Presumably all these people are on the production side of the company, they wouldn't be laying off anyone working on the 7E7 would they?
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