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Tough News for Boeing Workers (NYSE:BA)

Submitted by WSN_Staff on Sat, 02/20/2010 - 12:28.
in
Boeing (NYSE:BA) Union Worker Strike

Boeing (NYSE:BA) issued 60 day layoff notices Friday (because being fired on a Friday gives you the weekend to go get tanked) to 1,020 workers.

This is part of Chicago-based Boeing (NYSE: BA)'s plan to cut 10,000 jobs companywide, including about 1,000 in the defense unit.

Boeing shares finished the day up 1% and are now under $1 away from its 52-week high, trading in the $63 range.

Enjoy the Southpark clip:

 


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