Boeing slashing 4,000 jobs

By Around the Web

(CNBC) — Boeing will eliminate about 4,000 jobs in its commercial airplanes division by the middle of this year as it looks to control costs, a company spokesman told Reuters on Tuesday.

The planemaker will reduce 1,600 positions through voluntary layoffs, while the rest are expected to be done by leaving open positions unfilled, spokesman Doug Alder said.

“While there is no employment reduction target, the more we can control costs as a whole the less impact there will be to employment,” Alder said.

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