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| Economy |
| Boeing says it will cut more than 4,500 jobs |
| 2016-03-31 |
| [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 |
| #6 And of course 'the Interns', who work for no salary or benefits. Subsidized by parents, Gov work-study programs or hostile agencies, "for the professional networking and resume-building experience". An exploitation of the social engineering strategy that gets them inside the firewall. |
| Posted by: Skidmark 2016-03-31 12:15 |
| #5 If you've got an absolute 'lock' on the democratic voter constituency [see Nabisco and Chicago] you're good to go with 'Off Shore.' |
| Posted by: Besoeker 2016-03-31 09:01 |
| #4 Besides H1Bs, they can always offshore. |
| Posted by: Rambler in Virginia 2016-03-31 08:41 |
| #3 H1Bs are old school. We've now gone Full Monty, no documents required. |
| Posted by: Besoeker 2016-03-31 08:21 |
| #2 ..don't forget the H1Bs. |
| Posted by: Procopius2k 2016-03-31 08:16 |
| #1 Rooters had reported last month that Boeing was considering offering voluntary layoffs to its professional engineers and technical workers. Lockheed Martin doing the same thing in Atlanta. They'll soon be hiring new, younger employees at lower wages and benefits, or no benefits at all. The monthly savings will more than cover the buy-outs. The demographic metrics of professional engineers and technical workers leans heavily toward people of privilege, which is never a good thing. Temp or contract help is the new normal. |
| Posted by: Besoeker 2016-03-31 07:57 |