Boeing Lowers the Boom

Categories: Business

pinkslip.jpg
The Dreamliner may eventually get its day in the sky, but 500 Boeing employees will definitely get a pink slip, the company announced today. 200 of the layoffs are in the commercial airplane division, and some of those in Puget Sound.

What's more, these won't be the last. Writes the P-I's Aubrey Cohen:

The cuts are part of the 10,000 company-wide, including 4,500 in commercial airplanes, that the company announced plans for early this year.

"Its an ongoing process," [Boeing spokesperson Tim] Healy said. "It's not over."

Yikes.

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