After bouncing back from lengthy strikes, Boeing announced the latest cuts to its workforce.
According to filings posted on Monday, the planemaker will cut jobs in Washington, Oregon, South Carolina, and Missouri. Earlier in the year, Boeing predicted cuts of 10% of its global workforce; however, domestic US workers are currently the only section of employees to be dismissed.
Around 2,400 notices were given to workers in Washington and South Carolina, where Boeing manufactures its commercial airliners. According to the Society of Professional Engineering Employees in Aerospace, or SPEEA, union, 438 members were affected, of which 218 are members of SPEEA’s professional unit, which includes engineers and scientists. Other affected areas include analysts, planners, technicians, and skilled tradespeople.
According to Boeing, U.S. workers given notices will remain on the company payroll until mid-January to comply with federal requirements.
Boeing has been scrambling to recoup revenue after its recent financial woes. On top of the cuts, the latest measure has been to appoint ex-CEO of The Vanguard Group Tim Buckley as company Chair. Buckley’s experience leading one of the largest investment management firms in the world is hoped to boost the struggling airline and give some experience within the ranks, as Boeing’s current CEO, Kelly Ortberg, stepped into the role only six weeks before the devastating strikes.
The next round of job cuts at Boeing is anticipated in December.
By CEO NA Editorial Staff
