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Boeing to cut hundreds of jobs

In a statement, the aerospace and defense company said the extra job cuts would include managers and executives and be achieved through a combination of attrition, voluntary layoffs and in some cases involuntary layoffs.

Boeing Co warned employees on Monday it planned another round of involuntary layoffs that would affect hundreds of engineers at its commercial airplanes unit, according to Reuters.

The latest job cuts followed a prior involuntary reduction of 245 workers set for May 19 as the company responded to increasing competition and slowing aircraft sales.

The additional layoffs are due to start June 23, according to the memo from John Hamilton, vice president of engineering at Boeing Commercial Airplanes.

“We are moving forward with a second phase of involuntary layoffs for some select skills in Washington state and other enterprise locations,” a memo from Reuters said. “We anticipate this will impact hundreds of engineering employees. Additional reductions in engineering later this year will be driven by our business environment and the amount of voluntary attrition.”

“It’s very disappointing,” said Bill Dugovich. a union spokesman. “The workforce here in Washington state has now been cut by the Boeing Co. by more than 12,600 jobs since Washington state gave the company the largest tax break in U.S. history in November 2013.”

Boeing has cut 1,332 engineering and technical jobs from its Washington workforce since January, according to the union. More than 300 other engineering and technical workers who opted for a voluntary layoff earlier this year will exit Friday, according to the union.

Boeing had 146,962 total workers, including 74,196 in its commercial airplane division, on March 30, according to the company. That compares to 159,054 total workers a year earlier, including 82,127 in commercial airplanes, according to the company.

Boeing’s airplane unit eliminated several hundred engineers through voluntary redundancies announced in January and March.

In a statement, the aerospace and defense company said the extra job cuts would include managers and executives and be achieved through a combination of attrition, voluntary layoffs and in some cases involuntary layoffs.

“In an ongoing effort to increase overall competitiveness and invest in our future, we are reducing costs and matching employment levels to business and market requirements,” the statement said.

It was not immediately clear whether workers at Boeing’s Dreamliner factory in South Carolina would be affected.

 

News Editor - TravelDailyNews Media Network | + Posts

Angelos is the news editor for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). His role includes to monitor the hundrends of news sources of TravelDailyNews Media Network and skim the most important according to our strategy.

He currently studies Communication, Media & Culture in Panteion University of Political & Social Studies of Athens.

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