Boeing: Three More Waves of Layoffs in 2017, as Orders Collapse to 7-Year Low. Shares Near All-Time High

by Wolf Richter
Wolf Street

That Great Global Economy.

This is not the way to start your workday… to find this email from your boss in your inbox:

“As we enter 2017, our plan calls for us to reduce our Engineering staff. I realize some of this news is unpleasant. But I wanted to respect your right to know what is occurring this year.”

But that’s what happened on Tuesday at Boeing.

Continue Reading at WolfStreet.com…

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