JustRalph
03-27-2010, 12:50 AM
http://seattletimes.nwsource.com/html/businesstechnology/2011453132_boeing27.html
I am sure the Healthcare plan had nothing to do with this
It is going to get worse for Obama's people . Those who elected him are going to get hurt more and more........as predicted
Boeing is slashing the benefits of about 600 nonunion employees who provide support services to the military, claiming the move is needed to compete against other contractors.
In addition, the company said Friday almost 70 Machinists union members working at four Air Force bases are in line for similar cuts, an assertion the union vigorously denied.
Boeing said the benefit cuts affect only a specialized group of employees in its defense division who work at military bases around the U.S. and overseas. Their jobs include training Air Force F-15 and F-16 fighter pilots and providing maintenance and ground support to Navy aircrews.
They will be cut from Boeing's annual incentive-bonus plan, see their medical benefits drastically reduced and their sick leave discontinued. Also, the company will no longer make matching contributions to their 401(k) plan.
"These are substantial changes, we know that," said Boeing defense-unit spokesman Joe Tedino. "They are necessary changes we need to make to stay in this business."
more at the link
I am sure the Healthcare plan had nothing to do with this
It is going to get worse for Obama's people . Those who elected him are going to get hurt more and more........as predicted
Boeing is slashing the benefits of about 600 nonunion employees who provide support services to the military, claiming the move is needed to compete against other contractors.
In addition, the company said Friday almost 70 Machinists union members working at four Air Force bases are in line for similar cuts, an assertion the union vigorously denied.
Boeing said the benefit cuts affect only a specialized group of employees in its defense division who work at military bases around the U.S. and overseas. Their jobs include training Air Force F-15 and F-16 fighter pilots and providing maintenance and ground support to Navy aircrews.
They will be cut from Boeing's annual incentive-bonus plan, see their medical benefits drastically reduced and their sick leave discontinued. Also, the company will no longer make matching contributions to their 401(k) plan.
"These are substantial changes, we know that," said Boeing defense-unit spokesman Joe Tedino. "They are necessary changes we need to make to stay in this business."
more at the link