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Article: Boeing announces major layoff in commercial airplanes unit

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Xinhua News Agency
Article date:
January 9, 2009
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Boeing announces major layoff in commercial airplanes unit

LOS ANGELES, Jan. 9 (Xinhua) -- U.S. aerospace giant Boeing said Friday it will cut off about 4,500 jobs in its commercial airplanes business unit as part of an effort to control costs amid the weakening global economy.

Much of the major layoff will be in areas not directly related to airplane production, the company said.

"We are taking prudent actions to make sure Boeing remains well positioned in today's ...

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