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Boeing says it will cut more than 4,500 jobs
[MSN] The planemaker will reduce 1,600 positions in the commercial airplanes division through voluntary layoffs, while the rest of the cuts are expected to be completed by leaving open positions unfilled, front man Doug Alder said.

"While there is no employment reduction target, the more we can control costs as a whole the less impact there will be to employment," Alder said.

The job cuts, which will include hundreds at executive and managerial positions, will not done through involuntary layoffs, Alder said.

Boeing will also cut about 10 percent of the approximately 5,700 jobs in its test and evaluation division, which conducts flight and lab tests, spokeswoman Sandra Angers told Rooters.

The company had a total of 161,400 employees as of Dec. 31.

Rooters had reported last month that Boeing was considering offering voluntary layoffs to its professional engineers and technical workers.

In February, Ray Conner, chief executive of Boeing's airplane business, warned employees that job cuts were necessary to "win in the market, fund our growth and operate as a healthy business."

Posted by: Fred 2016-03-31
http://www.rantburg.com/poparticle.php?ID=450809