4,500 jobs to go at Boeing Commercial Airplanes
Boeing has announced that employment at its Commercial Airplanes business unit is expected to decline by approximately 4,500 positions in 2009. The company says the move is "part of an effort to ensure competitiveness and control costs in the face of a weakening global economy".
The reduction will bring Commercial Airplanes' employment to approximately 63,500, similar to the level it was at the start of 2008.
Many of the job reductions will be in overhead functions and other areas not directly associated with aircraft production. This will enable the company to focus on successfully executing new aeroplane development programmes, delivering aircraft to customers, improving productivity and quality, and supporting customer aeroplanes in the fleet.
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 will support laid-off employees with layoff benefits and career-transition services.