Financial Collapse RSS

Nov 20, 2008

Boeing to lay off 800



The Boeing Co. plans to cut 800 jobs, including management, at its Integrated Defense Systems facility in Wichita, Kan., next year.


Boeing said the cuts were due to the delay in the U.S. Air Force tanker-replacement program.


The layoffs will impact managers, salaried and hourly workers.


Boeing will deliver 60-day layoff notices to approximately 76 employees Friday. Their last day of work is scheduled for mid-January. The company will deliver the rest of the layoff notices throughout 2009, with most occurring in the first half of the year.


Boeing Wichita today employs 3,000 people.


A unit of The Boeing Co. [NYSE: BA], Integrated Defense Systems is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32.1 billion business with 71,000 employees worldwide.




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