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Aerospace giant Boeing has initiated significant layoffs in Washington and California as part of planned workforce reductions in the U.S. These cuts will ultimately reduce the company’s headcount by approximately 17,000 employees. As part of this process, around 400 employees in Washington and over 500 in California have been laid off.
Previously, Boeing announced plans to downsize its workforce by 10% over the coming months as it grapples with financial challenges, regulatory issues, and the aftermath of a two-month machinists’ strike. However, CEO Kelly Ortberg clarified that the layoffs were not a direct result of the strike but were necessary due to overhiring in recent years. Employees were informed in advance about the decision. Read more »
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