Updated: 4/11/2003; 10:22:44 AM.
economy
Economic stories of interest.
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Saturday, May 18, 2002
Boeing issues layoff notices to 1,500 workers

"The Boeing Co. issued layoff notices Friday to 1,500 employees, including 1,100 in the Puget Sound region, in the latest round of job cuts announced by the aircraft manufacturer after the Sept. 11 terrorist attacks."

"The layoffs take effect July 19."

"Chicago-based Boeing had announced in mid-September that it would slash its labor force by 25,000 to 30,000 employees by the end of this year because of the impact of the September attacks on commercial air travel."

"The pink slips bring the total number of layoff notices since September to roughly 27,000, said Boeing spokesman Tom Ryan, with about 24,000 of those people now off the payroll."



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