Job Market Monitor
Boeing
Boeing Satellite Business – To cut hundreds of jobs
Boeing Co. said Monday it had started issuing notices for what could be hundreds of layoffs at its satellite business, a move it blamed partly on the stalled reauthorization of the U.S. Export-Import Bank, which supports many of its sales. The aerospace giant expects to lay off “several hundred” workers over the coming months and … Continue reading
Boeing / To lay off 1,700 and as many as 700 engineers
The Boeing Co. will reduce its engineering workforce by as many as 1,700 people by the end of the year, with 700 engineers facing layoffs, the Everett Herald reported. As many as 100 engineers will receive 60-day layoff notices on Friday, the Herald reported. Mike Delaney, the vice president of engineering for Boeing, told the … Continue reading
Boeing | To cut 30 percent of management jobs
Boeing Co said on Wednesday it will restructure its defense, space and security business and cut 30 percent of management jobs from 2010 levels as part of a broad cost-cutting drive. Boeing, the Pentagon’s second-largest supplier, said it also will close some facilities in California and consolidate several business units in an effort to trim … Continue reading
How will Washington meet its growing need for STEM degrees? | HeraldNet.com – Opinion
A top Boeing official recently shared this sobering statistic: that 50 percent of Boeing’s engineers will be eligible to retire by 2015. Similar and equally frightening statistics pertain to the growing need for engineers in the energy industry, the transportation systems sector, and the civil infrastructure arena. Another projection shows that by 2018 the state … Continue reading
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