Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Analysis News Spotlights Stocks Technology

Boeing layoffs so far total nearly 2,200 workers in Washington state

post-img

Boeing said in a notice filed with Washington’s Employment Security Department on Monday that it has so far laid off 2,199 workers in the state, among job cuts that will eventually total about 17,000 across the company.

The aerospace giant announced in October that it planned to cut about 10% of its workforce in the coming months as it struggles to recover from financial and regulatory troubles as well as a strike by its machinists that lasted nearly two months.

The planned cuts include workers at Boeing facilities across the country, from Washington to Missouri to Arizona to South Carolina, The Seattle Times reported. They also appeared to impact workers in all three of Boeing’s divisions: commercial airplanes, defense and global services.

Before the layoff notices delivered last week, Boeing had 66,000 workers in Washington.

Among the layoffs so far are notices that went out last week to more than 400 members of Boeing’s professional aerospace labor union, the Society of Professional Engineering Employees in Aerospace, or SPEEA. The workers will remain on the payroll through mid-January.

Boeing’s unionized machinists began returning to work earlier this month following the strike.

The strike strained Boeing’s finances. But CEO Kelly Ortberg said on an October call with analysts that it did not cause the layoffs, which he described as a result of overstaffing.

Boeing, based in Arlington, Virginia, has been in financial trouble since two crashes of its 737 Max jetliner killed 346 people in 2018 and 2019. The company’s fortunes and reputation took a further hit when a panel blew off the fuselage of an Alaska Airlines plane in January.

Production rates slowed to a crawl, and the Federal Aviation Administration capped production of the 737 MAX at 38 planes per month, a threshold Boeing had yet to reach when the machinists’ strike halted assembly lines.

Related Post