Boeing Commercial Airplanes Employment to Decline in 2009
Posted on: Friday, 9 January 2009, 12:20 CST
The reduction will bring 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
"We have made significant strides in recent years to achieve greater efficiency and productivity, but we still face challenges that we must address," Carson said. "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. This will enable Boeing to continue focusing on successfully executing new airplane development programs, delivering airplanes to customers, continuously improving productivity and quality, and supporting customer airplanes in the fleet.
Most of the reductions are expected to occur in
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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SOURCE Boeing
Source: PR Newswire
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