Boeing has begun issuing layoff notices to over 400 employees, marking the first wave of a much larger workforce reduction. The cuts primarily affect members of the Society of Professional Engineering Employees in Aerospace (SPEEA),
Source:- bbc news
including engineers, scientists, and technical staff. These layoffs are part of Boeing’s plan to reduce its workforce by about 10%, which is expected to reach around 17,000 positions. This move follows a period of financial strain, worsened by an eight-week strike and the aftermath of safety and regulatory challenges, including issues with the 737 MAX production.
Source:- news 18
The layoffs were announced as Boeing faces ongoing challenges in its recovery, with CEO Kelly Ortberg stating the company needs to “reset its workforce levels” to align with its financial realities. Employees affected by these cuts will receive severance packages and career transition services
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