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Boeing Starts Issuing Layoff Notices For 17,000 Workers

U.S. staff receiving the notices this week will stay on Boeing's payroll until January.

Emma AscottbyEmma Ascott
November 13, 2024
in News
Reading Time: 1 min read
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Boeing Starts Issuing Layoff Notices For 17,000 Workers

A Boeing logo is seen on a 777-9 aircraft on display during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 18, 2023. REUTERS/Benoit Tessier/File Photo

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Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.

U.S. staff receiving the notices this week will stay on Boeing’s payroll until January to comply with federal requirements that give workers 60 days’ notice prior to ending their employment. News that Boeing would send out the Worker Adjustment and Retraining Notification (WARN) in mid-November was widely expected.

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“As previously announced, we are adjusting our workforce levels to align with our financial reality and a more focused set of priorities,” Boeing said in a statement. “We are committed to ensuring our employees have support during this challenging time.”

(Reporting by David Shepardson in Washington and Allison Lampert in Montreal; Editing by Chizu Nomiyama)

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Source: Reuters
Tags: BusinessNorth Americaworkspace
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Emma Ascott

Emma Ascott

Emma Ascott is a contributing writer for Allwork.Space based in Phoenix, Arizona. She graduated from Walter Cronkite at Arizona State University with a bachelor’s degree in journalism and mass communication in 2021. Emma has written about a multitude of topics, such as the future of work, politics, social justice, money, tech, government meetings, breaking news and healthcare.

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