America's Boeing Lays Off 4,500 Due to Sudden Drop in Plane Orders
(Detroit-1/10/2009 10:32 A.M.)
http://www.asahi.com/business/update/0110/TKY200901100055.html
American Aircraft giant Boeing today announced that it would cut 4,500 personell from it's passenger aircraft division (equal to 7.5% cut) within the year. With orders dropping due to the worsening economy, the company decided that freelance, contracted and fulltime employees would be laid off.
Boeing announced a drop of 53% (662 planes) worth of aircraft orders scince last year, when 1413 were sold. In addition to this urgent condition, with strikes by the labor union, supply of the new 767 model have been postponed, having an influence on future orders.
Asahi Shinbun
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