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Zorro

(16,286 posts)
Tue Nov 19, 2024, 09:55 PM Tuesday

Boeing to lay off over 2,500 workers in US as part of sweeping cuts

Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union official, as part of the debt-heavy U.S. planemaker's plan to cut 17,000 jobs, or 10% of its global workforce.

Nearly 2,200 layoff notices went to workers in Washington and another 220 in South Carolina, the two states where Boeing builds commercial airliners. Boeing declined to comment on the layoffs on Monday.

The aerospace giant started telling affected U.S. workers on Wednesday that they will stay on Boeing's payroll until Jan. 17, to comply with federal requirements to notify employees at least 60 days prior to ending their employment.

News that Boeing would send out the Worker Adjustment and Retraining Notification (WARN) in mid-November was widely expected. Another round is expected in December. Boeing could also use workforce attrition, selective hiring and sales of subsidiaries to reduce workforce.

https://finance.yahoo.com/news/boeing-lay-off-nearly-2-172635382.html

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