Wednesday, March 30, 2016

Boeing will cut 4,500 jobs – TVI24

Boeing will cut about 4,500 jobs by mid-year in a broader effort to reduce costs as a result of strong competition from Airbus. The outputs are aimed at the sector of commercial aircraft, but also, to a lesser extent, the division which carries out flight tests and laboratory, said Reuters, citing more than one company spokesman.

Of the total output, 1,600 employees chose to leave the company under a voluntary program terminations announced last month. The rest of the cuts still to be defined.

The targets will also be hundreds of executive positions and management, but not by involuntary layoffs.

In addition, the aircraft maker will also cut about 10% of 5,700 jobs of testing and evaluation division, which conducts flight tests and laboratory. That is, the more outlets 570.

At the end of 2015, the company employed 161,400 employees in total.

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