Boeing to cut 30 percent of its management ranks.
Boeing to cut 30 percent of its management ranks.
This could be good news for the company. If they do this right, they will reduce their costs without hurting their ability to produce. That they made this announcement today, the day after the election, and that the cuts mostly involve their defense work also suggests it is linked to sequestration, despite the company’s denial.
Boeing to cut 30 percent of its management ranks.
This could be good news for the company. If they do this right, they will reduce their costs without hurting their ability to produce. That they made this announcement today, the day after the election, and that the cuts mostly involve their defense work also suggests it is linked to sequestration, despite the company’s denial.