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Sunday, 6 April 2014

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Boeing to cut 300 Australian jobs

Aerospace giant Boeing said it will cut 300 jobs in Australia, primarily fixed-term contracts, as its aircraft programs mature in the country.

"This was always our intention when the company's aircraft programs stabilised at full production rates," said a Boeing media release. It said the job losses were a "natural part of the manufacturing cycle".

The cuts come just after other large firms, from Toyota to BP cut jobs in the country. Boeing said it would try to minimise job losses by not filling open positions. The company's Australian unit employs 1,300 people.

The cuts come a day after Philip Morris sources said that they would cease cigarette production in Australia and oil giant BP said it would be shuting a refinery in Brisbane.

 - BBC

 

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