Boeing layoffs will hit just before Christmas

You May Be Interested In:The 7 worst EVs for winter, according to a study


A Boeing building
Photo: David Ryder (Getty Images)

In This Story

As Boeing (BA+2.72%) makes good on its promise to trim its workforce by 10%, the reality of those job cuts continues to become clearer. A layoff notice issued in Washington state shows that 2,000 workers in the area alone will be losing their jobs — with those cuts being made effective the week before Christmas.

Under the federal Worker Adjustment and Retraining Notification (WARN) Act, companies of a certain size are required to publicly announce when they plan to enact layoffs of a certain size. A WARN Act notification published by Boeing Friday says that 2,000 employees in Washington state will be losing their jobs soon and the effective date of those firings will be December 20, the last day before many Seattle-area public schools begin their winter breaks.

When Boeing first announced its efforts to reduce its headcount, it tied the move on “near-term challenges” tied to a weeks-long strike by its machinists. But the company has also been trying to figure out a way forward through the crisis before that one: a government-mandated slowdown in production for its cash-cow 737 Max planes following a 737 Max 9 door plug blowout in January.

“We shared plans to reduce our workforce to align with our financial reality and a more focused set of priorities,” CEO Kelly Ortberg told investors during a recent earnings call. “We’re decisively implementing reductions to our discretionary spending across the company. As we move through this process, we’ll maintain our steadfast focus on safety, quality, and delivery for our customers.”

share Paylaş facebook pinterest whatsapp x print

Similar Content

Spirits Airlines filed late earnings — and they show how bad things got before bankruptcy
Spirits Airlines filed late earnings — and they show how bad things got before bankruptcy
House committee reportedly told of second sexual encounter between Matt Gaetz and 17-year-old – live
House committee reportedly told of second sexual encounter between Matt Gaetz and 17-year-old – live
Airlines have 79.8 trillion reasons to love baby boomers
Airlines have 79.8 trillion reasons to love baby boomers
Heathrow Airport is expecting a right jolly Christmas
Heathrow Airport is expecting a right jolly Christmas
kotaku
Apple’s smart home play, EV stocks fall, and Elon Musk’s X bleeds users: Tech news roundup
As Rohingya refugees continue to flee from persecution, here’s how you can help
As Rohingya refugees continue to flee from persecution, here’s how you can help
Current Edge | © 2024 | News