Regarding Boeing

Here’s an unfortunate juxtaposition of headlines from today’s Everett Herald: Economy hinges on Boeing, Snohomish County Executive Aaron Reardon says Snohomish County’s best hope for weathering the economic crisis is to make sure the Boeing Co. keeps production of the 787 Dreamliner jet in south Everett, County Executive Aaron Reardon said on Tuesday. Boeing predicts […]

Official Word on Microsoft Layoffs: 1,400 Now, 5,000 Total

Here’s the official word on the long-rumored layoffs at Microsoft, courtesy Todd Bishop at TechFlash: Microsoft this morning announced earnings well below its previous estimates and said it will be cutting 5,000 jobs over the next 18 months to adjust to the new economic reality, including 1,400 positions today. The company isn’t saying how many […]

Speaking of local layoffs… Boeing is next.

Some folks are mentioning this in the comments, and it’s pretty big news, so I’ll just drop it on you: Boeing plans workforce reduction of 4,500, with layoffs in second quarter Boeing said Friday it will cut its Commercial Airplane workforce in 2009 by about 4,500 people, mostly in Washington State. The reduction will be […]

Pre-Weekend Potpourri: Microsoft Layoffs, Foreclosure Aid, Downfall

It’s a pretty slow news day today, what with most people still taking time off for the new year. So I thought this would be a good time to throw a bunch of smaller stories together into one post. First off, let’s hit a topic that has been on a lot of people’s minds lately: […]

Official WaMu Layoff Count Announced

Photo by The Tim The official layoff count for WaMu was made public today. According to various news sources, JPMorgan Chase will be cutting 3,400 jobs in Seattle. JPMorgan Chase is laying off 3,400 Washington Mutual employees in Seattle, according to spokesman Tom Kelly. That’s more than 80 percent of the 4,300 people it employs […]

Seattle Times: JPM to Cut ~70% of WaMu HQ Employees

Photo by Flickr user S x 2 According to today’s Seattle Times, JPMorgan Chase plans to cut around 70% of WaMu’s Seattle-area employees. JPMorgan is handing out layoff notices now and is expected to finish making decisions about all of WaMu’s 43,200 employees nationwide by Dec. 1. As many as 3,000 of WaMu’s 4,200 workers […]