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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Terry Maloney who wrote (205957)11/20/2002 7:47:28 PM
From: Haim R. Branisteanu  Read Replies (1) of 436258
 
One more reason to rally - Boeing to Cut 5,000 More Jobs in 2003
Wednesday November 20, 7:12 pm ET
By Chris Stetkiewicz

SEATTLE (Reuters) - Boeing Co. (NYSE:BA - News), the world's largest aircraft maker, said on Wednesday it would cut 5,000 commercial jet jobs in 2003, on top of 30,000 workers fired in 2002 after the Sept. 11 hijack attacks pummeled its airline customers.

Boeing expects to slash jetliner output to 275 to 285 units in 2003, nearly a 50-percent decline from the 527 jets delivered in 2001. The company plans to deliver about 380 aircraft this year.

biz.yahoo.com

I am not sure if WS can even evaluate how much high tech goes into an airplain, not to mention the actual structure of an airplane. I think BA multiplier effect is somthing like 6 or 8 - e.g for each BA worker 6 or 8 others have work
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