Boeing IT Workers Face Layoffs | 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-04.22.24

Airborne-Unlimited-04.16.24

 Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at www.airborne-live.net

Tue, Jun 07, 2016

Boeing IT Workers Face Layoffs

Over 200 May Be Let Go In Cost-Cutting Move

Workers in Boeing's Information Technology group in Washington State are facing layoffs in July, according to the Chicago-based planemaker.

Reuters reports that Boeing has notified the state of Washington that it plans to idle 211 workers in the group that includes its IT operations in Washington State. The layoffs will come July 22, according to the company. Eleven IT workers in Texas are also slated for layoffs.

Boeing says the layoffs are part of a plan to reduce overall costs. The company if facing stiff competition from rival Airbus, and it hopes to expand its profit margins into the mid-teens by 2019. In the first quarter of 2016, Boeing showed a profit of 7.9 percent, according to the report.

Boeing spokeswoman Lauren McFarland said the company has about 6,500 IT workers. The positions slated to be cut include both management and non-management workers.

Separately, Boeing is looking to shed up to 8,000 employees by the end of the year using a program of voluntary layoffs and attrition.

FMI: www.boeing.com

Advertisement

More News

ANN's Daily Aero-Term (04.24.24): Runway Lead-in Light System

Runway Lead-in Light System Runway Lead-in Light System Consists of one or more series of flashing lights installed at or near ground level that provides positive visual guidance a>[...]

ANN's Daily Aero-Linx (04.24.24)

Aero Linx: Aviation Without Borders Aviation Without Borders uses its aviation expertise, contacts and partnerships to enable support for children and their families – at hom>[...]

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

Classic Aero-TV: Best Seat in The House -- 'Inside' The AeroShell Aerobatic Team

From 2010 (YouTube Version): Yeah.... This IS A Really Cool Job When ANN's Nathan Cremisino took over the lead of our Aero-TV teams, he knew he was in for some extra work and a lot>[...]

Airborne Affordable Flyers 04.18.24: CarbonCub UL, Fisher, Affordable Flyer Expo

Also: Junkers A50 Heritage, Montaer Grows, Dynon-Advance Flight Systems, Vans' Latest Officially, the Carbon Cub UL and Rotax 916 iS is now in its 'market survey development phase'>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 04.26.24: Beta Alia 250, SPEEA v Boeing, Anti-Av Climate Attacks

Airborne-Flight Training 04.25.24: eDA40 Progress, LIFT-Tuskegee, U of OK

Airborne 04.24.24: INTEGRAL E, Elixir USA, M700 RVSM

See All

Advertisement

Podcasts

Advertisement

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