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Seattle Bubble Forum Archive • View topic - Boeing warns of possible layoffs in 2009

Boeing warns of possible layoffs in 2009

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Boeing warns of possible layoffs in 2009

Postby LUC » Fri Dec 05, 2008 3:29 pm

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Re: Boeing warns of possible layoffs in 2009

Postby perfectfire » Fri Dec 05, 2008 4:49 pm

Remember, if you rent it's not a home, it's a hovel.
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Re: Boeing warns of possible layoffs in 2009

Postby perfectfire » Fri Dec 05, 2008 4:55 pm

Remember, if you rent it's not a home, it's a hovel.
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Re: Boeing warns of possible layoffs in 2009

Postby LUC » Fri Dec 05, 2008 5:08 pm

Thanks for correcting my link.
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Re: Boeing warns of possible layoffs in 2009

Postby The Tim » Fri Dec 05, 2008 10:11 pm

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Re: Boeing warns of possible layoffs in 2009

Postby eskercurve » Thu Jan 01, 2009 5:53 pm

It's pretty obvious that some Boeing jobs in the area will vanish, either through reassignment to the defense segment, or outright layoffs.

Locally, SPEEA and Boeing worked out a three tier system for layoffs. The entire represented workforce is measured as the bottom 40%, middle 40%, and the upper 20%. They focus on the lower 40% first.

Boeing has hired like crazy over the past two years since I've moved here from St. Louis. Defense will probably absorb some of the losses but it also means fewer jobs localls since defense isn't a big employer here.

The good news is St. Louis real estate is cheap. $200k for a cavernous two story home and a two car garage. The bad news is ... it's St. Louis, and either relocating jobs or layoffs are bad for our local economy.
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Re: Boeing warns of possible layoffs in 2009

Postby WestSideBilly » Mon Jan 05, 2009 10:14 am

I think it's 40/40/20 upper/middle/bottom, not 20/40/40.

I'm pretty sure there won't be a lot of hiring be either Boeing or Microsoft this year, so both should see 2-5% decreases in staff just through retirements and departures. Attrition reduction, basically.
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Re: Boeing warns of possible layoffs in 2009

Postby rose-colored-coolaid » Fri Jan 09, 2009 10:29 am



The Seattle Times is reporting 4,000 - 4,500 people will be laid off in Boeing Commercial. Boeing employs about 76,000 people in the Puget Sound area, so this is between 5% and 6% of their local work force. It's also about as many jobs as the failure of WaMu has already shed.

FWIW, I doubt this will be the final round of layoffs from Boeing this year.
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Re: Boeing warns of possible layoffs in 2009

Postby perfectfire » Fri Jan 09, 2009 12:10 pm

Someone posted this awesome old article over on the ticker forums: http://www.seattleweekly.com/2003-12-24 ... eing-wins/
Remember, if you rent it's not a home, it's a hovel.
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Re: Boeing warns of possible layoffs in 2009

Postby plymster » Fri Jan 09, 2009 12:51 pm

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Re: Boeing warns of possible layoffs in 2009

Postby rose-colored-coolaid » Fri Jan 09, 2009 1:16 pm

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Re: Boeing warns of possible layoffs in 2009

Postby perfectfire » Fri Jan 09, 2009 2:48 pm

Remember, if you rent it's not a home, it's a hovel.
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Re: Boeing warns of possible layoffs in 2009

Postby FreedomLover » Sat Jan 10, 2009 3:13 am

Expect 20K layoffs from Boeing and 20-30K from Microsoft, with cascading effects of another 100K layoffs in the rest of the Seattle metro area in the next 18 months.
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Re: Boeing warns of possible layoffs in 2009

Postby rose-colored-coolaid » Sat Jan 10, 2009 8:05 pm

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Re: Boeing warns of possible layoffs in 2009

Postby buyStocks » Sun Jan 11, 2009 2:13 am

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