Boeing recently conducted layoffs in Washington state and California, following previously announced cuts that will lead to a reduction of about 17,000 jobs across the company.
The layoffs affected nearly 400 employees in Washington and over 500 in California, as part of a larger workforce reduction strategy.
The big picture: These cutbacks were initiated in response to financial challenges, regulatory issues, and a lengthy strike by Boeing machinists that lasted for almost two months.
- CEO Kelly Ortberg clarified that the layoffs were not a direct result of the strike but were necessary due to overstaffing within the company.
Flashback: In November, Boeing began notifying employees about impending layoffs, with the first round affecting approximately 3,500 individuals across various divisions including commercial, defense, and global services.
Go deeper: The impacted roles ranged from engineers to recruiters to analysts as Boeing aimed to align its workforce with its financial realities and strategic priorities.
- The company assured that the laid-off employees would receive support, including remaining on payroll for two months, severance pay, career transition services, and subsidized health insurance benefits for up to three months.
