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
"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
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.