The biggest 100 aerospace companies have axed more than 100,000 jobs since 11 September, according to a Flight International survey. The figure - which includes redundancies announced but not yet implemented - represents just over 7% of their workforces. It does not count around 4,000 jobs created since the attacks, mostly in military manufacturing, and excludes thousands of cutbacks by smaller companies. Our poll of the latest Aerospace Top 100 (Flight International 21-27 August, 2001) shows Boeing's 30,000 redundancies from its Commercial Airplanes division has been by far the largest single reduction. Second-tier suppliers dependent on civil aircraft business have also been badly hit. US manufacturers have suffered worst, shedding 9.4% of their workforces. Non-UK European companies fare best, losing only 3.1% of staff.
Source: Flight International