Boeing is to cut approximately 4,500
jobs from its Commercial Airplanes business unit in 2009 as part of an
effort to ensure competitiveness and control costs in the face of a
weakening global economy.
The reduction will bring Boeing
Commercial Airplanes' employment to approximately 63,500, similar
to the level it was at the start of 2008.
"We are taking
prudent actions to make sure Boeing remains well
positioned in today's difficult economic environment,"
said Scott Carson, president and CEO of Boeing
Commercial Airplanes. "We regret the disruption to those affected by this
decision, but we believe that acting now will allow us to be in a
financial position to adapt to market uncertainties, meet our
customer commitments, continue investing in our current and future
product lines, and protect our competitiveness in a fiercely
competitive business environment."
Commercial Airplanes has begun
a program to reduce overhead costs and discretionary spending.
Although normal attrition and a reduction in contract labor will
account for some of the job reductions, layoffs of Boeing
employees also are necessary.
Many of the job reductions will
be in overhead functions and other areas not directly associated
with airplane production.
Most of the reductions are
expected to occur in Washington state in the second quarter of the
year. Affected employees will receive 60-day notices beginning in
late February. Boeing said it will support laid-off employees with layoff
benefits and career-transition services.
Commercial Airplanes began 2008
employing more than 63,000 people (including contract labor) and
increased employment to nearly 68,000 by year-end.
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