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BBC News Online: Business


Friday, 20 March, 1998, 15:58 GMT

Boeing to cut 8,000 jobs


boeing
The company plans to reduce its facilities space
The US aircraft maker Boeing has said it will cut 8,200 more jobs on top of the 12,000 losses announced late last year.

It is also planning to close several plants and laboratories by the year 2000, as it reduces its facilities space by 15% following its recent merger with McDonnell Douglas.

The company said the latest job cuts are due to plant closures and the discontinuation of the MD-80 and MD-90 jetliner programs.

plane

The reductions are on top of the streamlining plan announced last December to cut 12,000 jobs in mid 1998. The company employs 238,000 people world-wide.

Boeing Chairman and Chief Executive Officer, Phil Condit, said:"As a result of the merger with McDonnell Douglas and acquisition of Rockwell's aerospace and defence operations, we are strategically realigning the use of our facilities to provide better value to our customers and shareholders."

Boeing acquired the aerospace and defence operations of Rockwell in December 1996 and merged with McDonnell Douglas on August 1, 1997.

Boeing spokesman, Larry McCracken, said the company was not expecting many lay-offs as most of the job cuts will probably be from attrition.

About 6,200 of the 8,200 new job cuts will be in California, the company.

No significant change in net employment is expected in Washington state, where Boeing has its headquarters.


Related to this story:
Boeing production takes off again (26 Nov 97 | Business) BA invites rivals to battle for £2bn order (23 Feb 98 | Business)


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