A community of 30,000 US Transcriptionist serving Medical Transcription Industry

Boeing cutting 30,000 jobs - just announced.


Posted: Nov 7, 2012

LOL

;

and the Dow - cj

[ In Reply To ..]
falling, falling, falling. the investors know Obama second term is not a good thing for the US.

of course they know Obama in office is bad, but - country has spoken and deserves to fail now. nm

[ In Reply To ..]
nm

Something our enemies world around agree with you on. - nm

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x

I guess "Whoo-hoo - Obama won" is.... - (see message)

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....going to be your sarcastic comment that will get you through the next four years now, eh? Lots of progress that will get us in this country....woo hoo!! (that's sarcasm, too, FYI) :-)

woohoo...get the heck over it. - CRS

[ In Reply To ..]
You people are ridiculous. How in the world is anything in this country going to get any better if people keep having these polarizing political beliefs? Its going to be a long four years if we can't find common ground and build from there.

Dont tell ME to get over it ! Obama has divided this - nation, and it will only get worse!! nm

[ In Reply To ..]
nm
and acting like a 2-year-old makes it better? - crs
[ In Reply To ..]
Yeah, I guess so.
Ummm.. look in the mirror. The 2-yr-olds - are on your side... "gimme gimme".nm
[ In Reply To ..]
nm
Waahaa - Gimme that free education - gimme those food stamps - - gimme that welfare check -
[ In Reply To ..]
nm
careful - red states are the predominant recipients of these benefits - your bias is showing
[ In Reply To ..]
some people just have to make it personal.
You are clueless - crs
[ In Reply To ..]
yeah, that would be flipping hilarious if I were actually a democrat but considering I am an independent who leans republican (usually), not so much. I am just an American Citizen who is sick and tired of the finger pointing and division when there doesn't need to be. Its whiny babies like you who make it so that we can't just move on and find a new normal. Do we let something like this tear us apart as a country or do we pull ourselves up by our own bootstraps and move on??
Okay, we already knew some would be outstandingly bad losers. - Don't expect graciousness. Yay, Democrats! :)
[ In Reply To ..]
x

Get over it? Surely you are kidding. Obama is (sm) - LM

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as much of a Communist today as he was yesterday when you liberals voted him in. Unfortunately, the poster who said we have to fail is correct. It's just too bad those of us who had sense enough to know what he is have to go down with the rest of you. As long as he continues with his communist ways, I will not support him. He is the one who has done the polarizing and you liberals fell for it. Heck you don't even get news because the mainstream doesn't report any of it. So you get what you deserve. We don't have to like it, and we don't have to go along with it. WOO-HOOO - Boeing laying off big time. Stock market is dropping.

Source please. Thanks. - Unable to confirm. nm

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x

Here is source, 15 mins ago - Easy to find

[ In Reply To ..]
(Reuters) - Boeing Co (BA.N) aims to reduce costs in its defense business by an additional $1.6 billion from 2013 through 2015 under a major restructuring effort, the head of Boeing Defense Space & Security told employees on Wednesday.

In a message to employees, Boeing defense Chief Executive Dennis Muilenburg said Boeing would achieve the new goal by paring the number of divisions from 13 to 10, cutting management jobs by 10 percent and closing some facilities. He said Boeing defense had already cut costs by $2.2 billion since 2010

umm...the 30,000 jobs?? - not so easy to find

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$1.6 billion cut - Gotta be a lot
[ In Reply To ..]
Was not the original poster saying "30,000" just supporting the fact that Boeing is cutting back....but if they are going to cut out $1.6 billion.....cutting from 13 to 10 divisions and closing plants....gotta be a LOT of people.
Yeah, only the beginning. Obamacare will continue - to kill other job hiring.. a mess.nm
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nm
Hey, happy thought--now you don't have to pay for - Romney's tax cuts for the wealthy. Smile! :)
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x
Confess, you really weren't looking forward to that, - right? You can admit it now. nm
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x
1.6 billion is nothing to Boeing... - link
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Reading the entire article to put 1.6 billion in perspective. The full article is illuminating. Here is an excerpt:

"The defense division has already shed about 8,000 of 60,000 jobs over the past 18 months....President and chief executive officer...said Boeing's defense business has already cut the number of executives by 15 percent and lowered overhead costs by 20 percent as part of a drive to improve productivity.

That should allow Boeing's defense business to maintain profit margins in the high single-digit range, he said, even if $500 billion in further budget cuts are piled on top of $487 billion in cuts that are already set to take effect in fiscal 2013 and the following nine years."

Boeing - Anonymous

[ In Reply To ..]
That's punishment to the workers in WA state who voted for Romney.

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