Written December 4, 2004 - Roger R. Carter
By W.J. Hennigan
Amidst this current economic downturn, more and more companies are having trouble sustaining the work force they once strongly employed. Yet another company to hit these hardships is Boeing.
Due to a lack of sales of its C-17 Cargo Planes, Boeing is now cutting 900 employees from its Long Beach plant, which is expected to shut down completely by the end of next year. Speculation is that the newly laid-off employees may have a tough time finding new employment as California's unemployment rate is currently at 12.4%, Los Angeles County being 12.9%.
Check out the following article to read more on the current Boeing layoffs.
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