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Boeing to lay off hundreds of engineers in the US

Tuesday, 18 April 2017

WASHINGTON – Aerospace giant Boeing is planning on another involuntary lay off of hundreds of engineers in the US State of Washington and other locations in an effort to match employment levels with business and market requirements, Boeing Commercial Airplanes Vice President of Engineering John Hamilton said in a statement.

Along with reducing non-labor and supply chain costs, Hamilton said Boeing is also working to match employment levels with business and market requirements. Notices will be issued on 21 April 2017 with a planned layoff date of 23 June 2017, Hamilton added, and the company needs to reduce its employment level further in order to meet their operating plan and additional challenges.

In January and March 2017, Boeing offered a Voluntary Layoff (VLO) to select skills across the function, with several hundred engineering team members accepting the offers.

Source by: Internet

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