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Boeing Initiates Redundancy Of About 230 Positions At Its Aerostructures Australia Facility

Published 01/05/2020, 01:49 pm
Updated 01/05/2020, 01:54 pm
© Reuters.
BA
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May 1 (Reuters) - Boeing (NYSE:BA) Co BA.N :

* INITIATING CONSULTATION AND REDUNDANCY PROCESSES FOR ABOUT 230 POSITIONS AT ITS BOEING AEROSTRUCTURES AUSTRALIA FACILITY

* BOEING DEFENCE AUSTRALIA AND INSITU PACIFIC NOT IMPACTED BY CURRENT REDUNDANCY PROCESS

* BDA CONTINUES TO GROW ITS DEFENCE SYSTEMS & SERVICES PORTFOLIO & PLANS TO FILL ABOUT 170 OPEN POSITIONS

* ALSO LOOKING AT MUCH SMALLER REDUCTIONS ELSEWHERE IN AUSTRALIA AND NEW ZEALAND

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