Boeing Layoffs
The Boeing Co., seen here Wednesday, May 21, 2008, in El Segundo, Calif., will lay off 750 Southern California employees after losing a lucrative military satellite contract and seeing a dip in demand for the technology, the company said Wednesday. The cuts involving engineering staff members at plants in El Segundo and Seal Beach, Calif., mark the latest blow to the aerospace industry in Southern California. (AP Photo/Nick Ut)
