Boeing plane unit to cut up to 4,500 jobs
Highlights:
* Says reduction will bring commercial airplanes' employment to approximately
63,500
* Says commercial airplanes has begun a program to reduce overhead costs and
discretionary spending
* Says many of the job reductions will be in overhead functions and other areas
not directly associated with airplane production
* Says many of the job reductions will be in overhead functions and other areas
not directly associated with airplane product
* Says affected employees will receive 60-day notices beginning in late
February.
* Says reductions are expected to occur in Washington state in Q2