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11-09-2012, 12:16 AM #1
AirborneSapper7

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Boeing Announces Big Layoffs in Defense Division

Boeing Announces Big Layoffs in Defense Division

Published: Wednesday, 7 Nov 2012 | 2:59 PM ET
By: Reuters

Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, close facilities in California and consolidate several business units to cut costs.

More at the link Boeing Announces Big Layoffs in Defense Division - US Business News - CNBC
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