NEW YORK (AFP) – US aerospace giant Boeing said Thursday it will cut about 1,100 jobs over the next two years as it slows production of its C-17 military transport aircraft.
Boeing said it would deliver 13 C-17s in 2011, one less than the prior year, as it moves to a new annual production rate of 10.
'Boeing will reduce the production program's work force by approximately 1,100 jobs through the end of 2012,' the Chicago-based firm said in statement."
Thursday, January 20, 2011
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