Boeing Plans Washington State Layoffs In May | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Tue, Mar 21, 2017

Boeing Plans Washington State Layoffs In May

Notice Sent To Workers Warning Of Staff Reductions

Boeing has sent a 60 day notice to workers at its Washington State factories that "involuntary layoffs" have been scheduled for May.

CNN Money reports that a person familiar with the notices said that the latest round of layoffs will affect about 500 people.

Boeing is reportedly adjusting its staffing levels to offset lost revenue and offer better prices to customers, as well as improve profit margins. The company has reduced its employment levels by about nine percent in the past year, according to the report.

The move has been prompted by a slower pace of orders for both the 777 and Dreamliner aircraft, according to the report. The company is cutting production of the 777 by nearly 60 percent from its highest level.

Boeing has been cutting staff since early last year, mostly through buyouts and attrition of executive, manager and engineering staff. This is the first notices from the company that some factory workers will be idled.

(Image from file)

FMI: www.boeing.com

Advertisement

More News

ANN's Daily Aero-Linx (05.02.24)

Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

NTSB Final Report: Cirrus Design Corp SR20

Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC