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Boeing internal memo sets details of engineer layoffs in 2017

Boeing internal memo sets details of engineer layoffs in 2017

Seattle – Boeing Co warned on Tuesday that it will conduct involuntary layoffs of engineers, part of an ongoing cost-cutting drive as the aerospace and defense company responds to increasing competition amid slowing aircraft sales. The reductions, disclosed in an internal memo seen by Reuters, also include voluntary layoffs. The memo did not indicate the […]