Boeing Telegraphs Layoffs in Defense, Space & Security Unit
Boeing Co.(NYSE: BA) did pretty much what we expect other aerospace and defense companies to do. The company waited for the outcome of the presidential election, and now it is outlining how it will deal with the coming Fiscal Cliff. Boeing is restructuring its business around the defense components and the exact cuts are not yet known. Make no mistake, this means layoffs.
Read more: Boeing Telegraphs Layoffs in Defense, Space & Security Unit - 24/7 Wall St. http://247wallst.com/2012/11/07/boeing-telegr...