The company is struggling to recover from financial and regulatory trouble.
FILE - Boeing employees work on the 737 MAX on the final assembly line at Boeing's Renton plant, June 15, 2022, in Renton, Wash. Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from
The pink slips went out last week to members of the Society of Professional Engineering Employees in Aerospace, or SPEEA,that it planned to cut 10% of its workforce, about 17,000 jobs, in the coming months. CEO Kelly Ortberg told employees the company must “reset its workforce levels to align with our financial reality.”
The Society of Professional Engineering Employees in Aerospace, or SPEEA, union said the cuts had affected 438 members. The union’s local chapter has 17,000 Boeing employees who are largely based in Washington, with some in Oregon, California and Utah. Of those 438 workers, 218 are members of SPEEA’s professional unit, which includes engineers and scientists. The rest are members of the technical unit, which includes analysts, planners, technicians and skilled tradespeople.
Eligible employees will receive career transition services and subsidized health care benefits for up to three months. Workers will also receive severance, typically about one week of pay for every year of service.The strike strained Boeing’s finances. But Ortberg said on an October call with analysts that it did not cause the layoffs, which he described as a result of overstaffing.of an Alaska Airlines plane in January.
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