Open

Coming up

Don't miss

Replay


LATEST SHOWS

FASHION

Fashion, what's happened in 2014

Read more

FRANCE IN FOCUS

France: 2014 in review

Read more

#THE 51%

South Africa: Taking a stand against child marriage

Read more

DEBATE

The Future of the Book

Read more

DEBATE

The Future of the Book (part 2)

Read more

REPORTERS

France 24’s best documentaries of 2014

Read more

THE INTERVIEW

'We have to build a new Tunisia', says the president of the Tunisian Parliament

Read more

FACE-OFF

France on alert after attacks: a case of collective hysteria?

Read more

THE INTERVIEW

'Beijing needs to revaluate its policy in the Tibetan areas', says FM of the Tibetan government-in-exile

Read more

Business

Boeing to cut 10,000 jobs

Latest update : 2009-01-28

US aerospace giant Boeing said it will slash 10,000 jobs in the coming years in light of the weakining global economy. Earlier, the company posted a loss of $56 million in the fourth quarter.

AFP - Boeing will reduce its workforce by some 10,000 this year in response to the global economic crisis, chief executive Jim McNerney said Wednesday.
  
"The global economy continues to weaken, and it's affecting air traffic and financing," McNerney said after the aerospace giant released its quarterly results.
  
"We must prepare the company, including being more aggressive in terms of productivity."
  
He said the 10,000 cuts would be made "through attrition, retirement and layoffs," and included a figure announced earlier of 4,500 in the commercial aircraft division.

Date created : 2009-01-28

COMMENT(S)