Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: SATURDAY, August 21, 1993 TAG: 9308210119 SECTION: BUSINESS PAGE: A-4 EDITION: METRO SOURCE: Associated Press DATELINE: EVENDALE, OHIO LENGTH: Short
The airline industry's slump and defense budget cuts forced the new cutbacks, which mostly will affect salaried workers, GE Aircraft Engines said.
Earlier this year, GE said it would eliminate 3,900 jobs in the division. All told, the cuts would reduce employment by 25 percent, to 22,000 jobs.
The cuts have been felt throughout GE's aircraft engine division, which has a dozen plants across the country. At least half of the newest reductions will be done at the headquarters plant in Evendale, a Cincinnati suburb, with the rest spread worldwide.
by CNB