Boeing to lay off 2,199 employees as part of 10% workforce reduction
Boeing announced it will lay off 2,199 employees in December as part of a plan to reduce its workforce by 10%. The move follows cost-cutting measures, including hiring freezes and travel suspensions, amid ongoing financial adjustments.
- World
- Agencies and A News
- Published Date: 10:53 | 19 November 2024
- Modified Date: 10:53 | 19 November 2024
US-based global aerospace company Boeing announced plans to lay off over 2,000 employees as part of its plan to reduce its workforce by 10%. According to a report submitted to the Washington State Employment Security Department, Boeing will lay off 2,199 workers in December.
Boeing had previously stated in September that, after factory workers went on strike, it planned to implement cost-cutting measures, including freezing hiring, halting travel, and suspending non-essential spending.
In October, the company confirmed its plan to reduce its workforce by 10%. Reports in the US media have indicated that 17,000 Boeing employees will be affected by the layoffs.
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