A Boeing Announcement of Almost 2,200 Layoffs at Historic Sites

Boeing, the US aviation giant, has announced nearly 2,200 layoffs at its historic sites in Washington state. This move is part of a broader plan to cut its global workforce by 10 percent, aiming to align its workforce levels with its financial reality and a more focused set of priorities. Layoff Details The layoffs will affect 2,199 employees in Washington state, where Boeing was founded and where it produces its best-selling 737 line of aircraft, along with the 777, 767, and several military planes. The company plans to start laying people off permanently from December 20, with most employees leaving the company in mid-January. Benefits and health insurance will continue to be paid for up to three months after that. Reasons Behind the Layoffs Boeing has been facing several challenges, including production quality problems and a recent strike that lasted more than 50 days. The strike involved over 33,000 members of the local branch of the International Association of Machinists (IAM), who were negotiating over pay and work conditions. These issues have contributed to the decision to reduce the workforce. Impact on