Boeing will lay off greater than 200 employees based mostly in South Carolina as a part of a large cost-cutting drive that may slash 17,000 staff — or 10% of its workforce.
The aerospace large final week notified 220 staff who assemble the 787 Dreamliner plane at a Charleston-based facility that they’d be let go, in accordance with WCBD-TV.
On Monday, Boeing mentioned in a discover filed with the Employment Safety Division in Washington that it has to this point laid off 2,199 employees in that state.
Boeing, whose inventory is down greater than 42% for the reason that begin of the 12 months, introduced in October that it deliberate to chop about 10% of its workforce within the coming months because it struggles to recuperate from monetary and regulatory troubles in addition to a strike by its machinists that lasted almost two months.
The deliberate cuts embody employees at Boeing amenities throughout the nation, together with Washington, Missouri, Arizona and South Carolina, the Seattle Occasions reported.
Additionally they appeared to influence employees in all three of Boeing’s divisions: industrial airplanes, protection and world providers.
Earlier than the layoff notices had been delivered final week, Boeing had 66,000 employees in Washington.
Among the many layoffs to this point are notices that went out final week to greater than 400 members of Boeing’s skilled aerospace labor union, the Society of Skilled Engineering Workers in Aerospace.
The employees will stay on the payroll via mid-January.
Boeing’s unionized machinists started returning to work earlier this month following the strike.
New Boeing CEO Kelly Ortberg mentioned on an October name with analysts that the layoffs had been the results of overstaffing.
Boeing, based mostly in Arlington, Va., has been in monetary hassle since two crashes of its 737 MAX jetliner killed 346 folks in 2018 and 2019.
The corporate’s fortunes and popularity took an additional hit when a panel blew off the fuselage of an Alaska Airways airplane in January.
Manufacturing charges slowed to a crawl, and the Federal Aviation Administration capped manufacturing of the 737 MAX at 38 planes monthly, a threshold Boeing had but to succeed in when the machinists’ strike halted meeting traces.
With Put up wires
