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Boeing To Cut Thousands Of Jobs


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Boeing will cut at least 4,000 jobs this year, and maybe as many as 8,000, the Seattle Times reported this week. The first 4,000 jobs are expected to be eliminated by June. Boeing officials told the Times the initial job cuts would include "hundreds of executives and managers" as well as reductions due to attrition. Voluntary buyouts for about 1,600 workers are expected.

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