Boeing issues layoff notices to 400-plus workers as it begins drastic cuts

Boeing has laid off over 400 members of its professional aerospace labor union, part of a broader plan to cut 17,000 jobs as the company faces financial and regulatory challenges.

The layoffs, affecting engineers, scientists, and technical workers, were announced last week.

Employees will stay on the payroll until mid-January and receive severance, career services, and subsidized health benefits.

Boeing’s CEO cited overstaffing as the reason for the cuts, not the recent machinists’ strike, which also impacted finances, Politico has reported.

read more: https://www.politico.com/news/2024/11/16/boeing-issues-layoff-notices-to-400-plus-workers-as-it-begins-drastic-cuts-00190027

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Truth Social
https://truthsocial.com/@BC_Begley

#Boeing