1/12/2009

Boeing Co. said Friday it will cut employment in its commercial aircraft division by 6.6%, or 4,500 workers. Most of the positions cut will be administrative, and production jobs are expected to remain virtually untouched as the company tries to work through its backlog of 3,700 orders. The company said it has hired cautiously in recent years, seeking to avoid the "boom and bust" employment typical of the industry. "We are taking prudent actions to make sure Boeing remains well positioned in today's difficult economic environment," said Scott Carson, CEO of Boeing Commercial Aviation.

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