Boeing Co. will this week announce about 2,500 voluntary layoffs within the first section of broader cuts triggered by the coronavirus-driven collapse of world air journey, in keeping with union officers.
Firm executives mentioned final month that Boeing deliberate to shed about 10% of its 160,000-strong international workforce this yr because it reduces jetliner manufacturing in response to airways’ incapacity or unwillingness to take new plane following huge declines in passenger traffic.
Union officers mentioned the preliminary wave of layoffs was centered on Boeing’s Seattle-area industrial airplanes operation and may very well be introduced as early as Might 29. That may mark the primary main reductions by the corporate since 2017, when it laid off round 1,500 staff as a part of a wider cost-cutting drive.
Boeing can be anticipated to chop jobs at its fast-growing providers arm as airways minimize spending on plane components, in addition to at its central company workplaces, executives mentioned final month.
Numerous suppliers to Boeing’s airplane factories close to Seattle have already unveiled job cuts, in keeping with state employment information.