The Good News is Things Are Better Than Ever: The Bad News is You're Fired.

It was reported in Flight International today that the first quarter of the year has been smashing for Boeing, with a hefty backlog of orders to work through and more to come. Things couldn't get much better at the head offices of the aerospace giant.

However, don't break out the champagne just yet. For those who work for Boeing in Wichita the news was "Celebrate all you want. We hear the unemployment compensation's good this time of year". It was reported in the Chicago Tribune that Boeing plans to lay off 900 in Wichita, cutting the workforce there by a quarter. The RIFs just announced were in addition to 334 jobs lost at Wichita since last November.

http://www.chicagotribune.com/business/chi-0604180367apr18,1,7800785.story?coll=chi-business-hed