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Sunday, January 23, 2011

Boeing scraps 900 workers in US the day after signing a new deal in China

This is precisely the type of job creation that we have come to expect from corporate America.

It's also precisely why these so-called business leaders can't be trusted with any jobs creation in the US.

There are too many financial incentives to move jobs offshore so until that issue is resolved we should expect a lot more stories like this.
Boeing just laid off 1000 workers in Southern California, according to the Orange County Register.

The move comes just a day after Boeing agreed to a $19 billion deal with China to produce 200 airplanes for the country.

The layoffs affect workers in the company's Long Beach, Anaheim, and Huntington Beach facilities. The bulk of the layoffs will occur in Long Beach, where 900 will lose their jobs.

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