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."
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.” … “Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?” - Atlas Shrugged
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