Thread regarding Boeing Co. layoffs

CNBC Reports 50 BDS Executives to be RIFed

Anyone know what site will lose the most? BDS St. Louis, Philly, Mesa, OKC, San Antonio, Huntsville? Anyone know if that means the SSG and IT overhead will have RIFs too at those sites due to less customers?

CNBC. http://www.cnbc.com/2017/06/13/boeing-to-make-job-cuts-at-defense-unit-as-it-looks-become-more-competitive.html Boeing is taking further steps to restructure its defense and space business.

The maker of F-18 fighter jets, Chinook helicopters and the Ground-based Midcourse Defense missile defense system will lay off 50 executives by year's end as it looks to streamline the oversight process.

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| 2162 views | | 2 replies (last June 16, 2017) | Reply
Post ID: @OP+NNldOB6

2 replies (most recent on top)

I don't want to be Mr. Negativity here, but that 3x growth is not just revenue, it is a profit goal as well. Let's look at how Boeing has met it's goals in the past. Oh yeah, they do VLOs and ILOs to reduce costs and meet profits expectations.

Good Luck. Best choice, find something in an other industry. Best thing I ever did.

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Post ID: @1cws+NNldOB6

BGS announced yesterday no ILOs or VLOs planned due to 3x growth goal over next 5 years.

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Post ID: @zsi+NNldOB6

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