Boeing job cuts this year could reach 10 percent

March 30, 2016 4:28 PM

36 0

Since Boeing Commercial Airplanes CEO Ray Conner announced a drive to cut the workforce six weeks ago, his team has taken steps expected to eliminate 4,000 jobs by June — and that may be only halfway towards the total cuts this year.

An internal Boeing document obtained by the Seattle Times reveals that at least one company unit is targeting a 10 percent workforce reduction overall.

Also read: Marriott quarterly revenue rises 7.7 percent

Read more

To category page