Magazine

Table: How Boeing Plans to Shrink


The giant aircraft maker has announced a drastic downsizing following the airline industry's post-September 11 slump. But many of the cuts were already in the works. Here's what Boeing is likely to do:

-- Slash 30% of commercial airplane unit, or 30,000 employees

-- Shutter up to four factories in Washington state that build component parts for commercial aircraft and some defense products

-- Possibly close a 4,500-worker plant in Long Beach, Calif.

-- May consolidate an 8,000-employee factory in Renton, Wash., with a larger one in Everett, Wash.

-- Lift outsourcing to more than 60% of components, up from 49%

Data: BusinessWeek


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus