Boeing to Cut 200 Jobs at Long Beach Facility
From Bloomberg News
Boeing Co. is cutting about 200 jobs in the next two months at its Long Beach plant that builds C-17 military cargo jets.
The plant has about 7,000 employees, said spokesman Rick Sanford. Some of those losing jobs may be offered new positions or get rehired, he said.
Boeing won a $9.7-billion Air Force contract for 60 C-17 jets in August. As part of the contract, the firm agreed to lower the price of the aircraft by about 25% from previous orders, Sanford said.
