Layoffs: Boeing Issues Pink Slips To Over 2,500 Employees In The US As Firm Goes Ahead With Job Cuts

Boeing will cut jobs for more than 2,500 employees in the Washington, Missouri, South Carolina, and Oregon states in the US, official filings posted on Monday revealed. The layoffs are a part of the manufacturer’s cost-cutting measures and plan to slash 17,000 jobs or 10 per cent of its global workforce.The company issued almost 2,200 layoff notices to employees in Washington and another 220 in South Carolina, reported Reuters. The company builds commercial aircraft in both these states.Last week on Wednesday, the report noted that the manufacturer informed US workers impacted by the layoffs that they will be on Boeing’s payroll until January 17, 2024. This move is being done to comply with federal requirements which state that the firm needs to notify employees at least 60 days before terminating their employment.It was widely expected that Boeing will dish out the Worker Adjustment and Retraining Notification (WARN) in mid-November. The next round of these notifications is expected in December. The report noted that the manufacturer could also use workforce attrition, subsidiary sales, and selective hiring to reduce its overall workforce. Also Read : IPO: NTPC Green Energy Opens For Subscription Today, Check GMP And Other DetailsNotably, last month, CEO Kelly Ortberg said that the firm doesn’t plan to ‘take people off production or out of the engineering labs’. Experts have been on the lookout for WARNs for some hint about how the planned job cuts will impact workers in the firm’s major manufacturing hubs.However, among those that received layoff notices from the manufacturer last week, several hundred were employees in the engineering and production departments.The Society of Professional Engineering Employees in Aerospace informed that 438 of the union’s members at Boeing were given pink slips last week. These included 218 engineers and 220 technicians. The International Association of Machinists and Aerospace Workers (IAM) District Lodge 837 in St Louis noted that the manufacturer issued notices to 111 members, most of whom were involved in making wing components for the 777X.