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Boeing internal memo sets details of engineer layoffs in 2017

Published Wed, Jan 11, 2017 · 09:50 PM

Seattle

BOEING Co warned on Tuesday that it will conduct involuntary layoffs of engineers, part of a cost-cutting drive as the aerospace and defence company responds to increasing competition amid slowing aircraft sales.

The reductions, disclosed in an internal memo seen by Reuters, also include dozens of job categories eligible f…

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