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  • Boeing plans to cut up to 8,000 airplane jobs: sources

    Boeing Co plans to cut up to 8,000 jobs this year at its commercial airplane division, according to two people familiar with the matter, a move that could slash $1 billion in costs and help it battle for sales against European rival Airbus.

    Boeing on Wednesday acknowledged plans to cut about 4,000 jobs in its commercial airplanes division by mid-year, and another 550 jobs in a unit that conducts flight and lab testing.


    Sources said the company'shttp://images.intellitxt.com/ast/adTypes/icon1.png broad goal is to cut jobs by 10 percent at its commercial airplane unit, which has about 80,000 employees.


    More: http://www.reuters.com/article/us-bo...-idUSKCN0WW0AF
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