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Boeing To Lay Off 10% Of Its Employees As A Strike By Factory Workers Cripples Airplane Production – KXL
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FILE – The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exchange, July 13, 2021. Government and aviation-industry experts say Boeing has made some strides toward improving its safety culture, but employees could still be subject to retaliation for reporting issues. That’s one of the findings in a report presented Monday, Feb. 26, 2024 to the Federal Aviation Administration. The experts say that when it comes to safety, there is a “disconnect” between Boeing’s senior management and workers. (AP Photo/Richard Drew, File)
(Associated Press) – Boeing is announcing layoffs.
The giant aircraft maker said Friday it will lay off about 10% of its workers in the coming months.
The company has been losing money for more than five years, and now it’s dealing with a strike that has shut down factories in the Seattle area.
New CEO Kelly Ortberg says in a memo to staff that the job cuts over the coming months will include executives, managers and employees.
The company has been ordering rolling temporary furloughs, but said will end because of the impending layoffs.
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Grant McHill
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