Boeing to cut 400 jobs as company struggles - News Summed Up

Boeing to cut 400 jobs as company struggles


Boeing to cut 400 jobs as company strugglesAP, SEATTLEBoeing Co has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its machinists’ union. The Boeing Co logo is displayed on top of company offices near Los Angeles International Airport in El Segundo, California on Jan. 18. Photo: AFPBoeing announced last month that it planned to cut 10 percent of its workforce, about 17,000 jobs, in the coming months. Boeing chief executive officer Kelly Ortberg told employees the company must “reset its workforce levels to align with our financial reality.”The SPEEA said the cuts had affected 438 members. The union’s local chapter has 17,000 Boeing employees who are largely based in Washington, with some in Oregon, California and Utah.


Source: Taipei Times November 18, 2024 03:45 UTC



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