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Boeing to layoff hundreds in Washington as second-round of company cuts continue

December 10, 2024
in Business
Reading Time: 4 mins read
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Boeing to layoff hundreds in Washington as second-round of company cuts continue
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Boeing is laying off 396 employees at locations in Washington state, Reuters reported on Monday.

The move is part of a 10% global workforce cut that the company announced in October, which is expected to impact approximately 17,000 jobs within Boeing.

A total of 2,199 Boeing workers in the state of Washington – where its workforce totals more than 60,000 – will be laid off over the next few months, Fox Business reported in November.

Another 200 or so employees will be laid off in Oregon, South Carolina and Missouri during the same timeframe.

According to Boeing, “only a very small number” of employees will lose their jobs in December, “while the majority will exit in mid-January.”

“Eligible employees will receive severance pay, career transition services, and subsidized health care benefits up to 3 months after exiting the company,” the company said previously.

The cuts are coming through layoffs or by not filling vacancies in efforts to revamp the company following a tumultuous year that began in early January when a panel blew out mid-air on an Alaska Airlines flight.


Boeing is laying off 396 employees at locations in Washington state. AP

Most recently, the company was forced to stall production of its strongest-selling 737 MAX jet amid a weeks-long strike on the West Coast.

“As previously announced, we are adjusting our workforce levels to align with our financial reality and a more focused set of priorities. We are committed to ensuring our employees have support during this challenging time,” Boeing previously said to FOX Business.

After the mid-air blowout and a few other safety concerns on flights across the country, Boeing dealt with the departure of its CEO and slowed production as regulators investigated the company’s safety culture.

Reuters contributed to this report.

Credit: Source link

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