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Title: Boeing in St. Louis to lay off 1,020
Source: [None]
URL Source: [None]
Published: Feb 19, 2010
Author: K. Volkmann
Post Date: 2010-02-19 14:18:55 by Nebuchadnezzar
Keywords: None
Views: 273
Comments: 19

Boeing to lay off 1,020, including in St. Louis St. Louis Business Journal - by Kelsey Volkmann

Boeing issued 60-day layoff notices Friday to 1,020 employees, including some in St. Louis.

Fewer than 100 local workers in Boeing's St. Louis-based Defense, Space & Security unit are affected, said Dan Beck, a Boeing spokesman.

Most of the affected employees work in information technology as part of Boeing’s Engineering, Operations & Technology unit in Washington State and California, he said. Their last day of work will be in April.

This is part of Chicago-based Boeing (NYSE: BA)'s plan to cut 10,000 jobs companywide, including about 1,000 in the defense unit.

Boeing’s Defense, Space & Security, led by Chief Executive Dennis Muilenburg, is the second-largest employer in St. Louis with $33.7 billion in revenue in 2009 and 16,000 local workers.

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Begin Trace Mode for Comment # 6.

#1. To: Nebuchadnezzar (#0)

Staggering list of layoffs you've noted the past 24 hours. Debunks this insane 'happy happy, joy joy' crap which like the laughable 'green shoots' stories from 10 months ago, falls short of reality.

Badeye  posted on  2010-02-19   14:20:32 ET  Reply   Untrace   Trace   Private Reply  


#3. To: Badeye (#1)

There's always lay offs...

war  posted on  2010-02-19   14:31:57 ET  Reply   Untrace   Trace   Private Reply  


#5. To: war (#3)

There's always lay offs...

Is it your contention that the employment outlook is good? What jobs are being created, real jobs, not government temporary jobs, for all these people losing their jobs?

Retail? teaching jobs? industrial jobs?

I'm all ears. Educate us!

Nebuchadnezzar  posted on  2010-02-19   14:38:59 ET  Reply   Untrace   Trace   Private Reply  


#6. To: Nebuchadnezzar (#5)

Is it your contention that the employment outlook is good?

Nope. But the conditions for emplyment are getting better. It's a lagging indicator.

That answered, is it YOUR contention that layoffs are only occurring now?

war  posted on  2010-02-19   14:44:07 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 6.

#8. To: war (#6)

Nope. But the conditions for emplyment are getting better. It's a lagging indicator.

That answered, is it YOUR contention that layoffs are only occurring now?

Of course not, but the Brian S "happy hour" runs against what we see in the real world.

He can post all the White House talking notes he wants, but the reality is far, far worse than is being reported.

Nebuchadnezzar  posted on  2010-02-19 14:47:01 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 6.

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