Published on Friday, November 21, 2008
By Daily Breeze Staff Writer
BUSINESS Follow news in and around the South Bay
DAILY BREEZE BLOG South Bay Biz Waves
Boeing Co. may lay off some workers next year as part of an effort to cut costs in response to difficult market conditions and a slowing global economy, a company executive said.
In an internal memo sent to employees Thursday, Rick Stephens, senior vice president of human resources, was quoted as saying the aerospace company expects its number of employees to decline in 2009 after several years of growth.
That decline could exceed Boeing's average annual attrition rate of 4 to 5 percent.
http://dailybreeze.com/ci_11048224
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