Boeing Sends Out 5,000 Layoff Notices, Offers Retirement Incentives

Boeing Friday issued 60-day notices of possible layoffs to 5,000 employees, but at the same rolled out a one-time, special retirement-incentive program. Last month, Boeing issued 927 60-day layoff notices and announced production cuts and as many as 7,000 layoffs for the year (DAILY, Feb. 6). Early...

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