10,000 jobs to go, but Boeing is upbeat about future
Boeing executives painted a rosy picture of the plane maker’s 2009 business prospects Wednesday, even viewed like they announced they’ll cut 10,000 employees, or 6 percent of its labor force, to protect counter to the possibility things will worsen.
The company ended 2008 with a dismal squandering. But Chief Executive Jim McNerney forecast that the year ahead with regard to Boeing’s operations will be stable and profitable. And Boeing says it hopes to maintain course levels of airplane work for “several years.”
Analysts skeptical
Some analysts questioned that picture of extended calm, wondering whether Boeing be possible to expect to keep production
And for this state, there will subsist more without other agency pain.
More than half the 10,000 jobs Boeing will eliminate are in Washington, including the 4,500 job cuts in the commercial-airplanes unit announced earlier this month.
The additional 5,500 do job-work cuts revealed Wednesday
The Machinists union in a statement said it expects scarcely any of its members to be affected.
Boeing employs about 13,000 people in Washington state on the surface the commercial-airplanes division. So proportional 6 percent cuts in the other divisions should mean roughly 800 more jobs lost in the state, bringing the complete cuts here to else than 5,000 jobs.
Focused on upside
Still, on a teleconference announcing the fourth-quarter loss and Boeing’s strategy in the economic crisis, the association leadership focused on good news.
McNerney related the new 787 Dreamliner is on footmark to flee from by the end of June, and he expects all six flight-test airplanes to be in the air within four months of the first flight.
Original text: http://seattletimes.nwsource.com/html/businesstechnology/2008683358_boeing29.html?syndication=rss
