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Boeing Co. on Monday told its workers that it expected to cut as many as “several hundred” jobs in its satellite business through the end of 2015 due to a downturn in US military spending and delays in commercial satellite orders.

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BERMUDA AND HONG KONG

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abtest

Boeing eyes layoffs due to weak military spending

August 25, 2015 - 10:00am

Boeing Co. on Monday told its workers that it expected to cut as many as “several hundred” jobs in its satellite business through the end of 2015 due to a downturn in US military spending and delays in...

Business