Boeing Plans New Round of Job Cuts
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Boeing Co. said it may fire half of the 1,400 workers assembling its wide-body 767 jets as it slows production to match shrinking demand from airlines hit by a sharp drop in air travel.
Boeing’s Seattle-based jetliner unit is reviewing all its aircraft programs and by December will announce plans for another round of job cuts on top of 30,000 announced a week after the Sept. 11 attacks, company spokesman Craig Martin said.
As of Oct. 3, total company payroll stood at 168,400, down from 199,000 before the attacks.
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