Report: Boeing job cuts in Washington state could hit 10%

March 30, 2016

The Boeing Co. is reportedly taking steps to eliminate 10 percent of its workforce in Washington state.

The Seattle Times reports ( bit.ly/1q05U62 ) the aerospace giant has already taken steps to eliminate 4,000 jobs by June and is aiming for about a 10 percent overall cut - which would mean about 8,000 positions in Washington.

In February the company announced it would be eliminating commercial airplane jobs as part of a cost-cutting effort. At that time Boeing provided no specific numbers but said the reductions would ultimately affect "employment levels across all" of the commercial airplane unit.

On Tuesday the company told the Times the initial eliminated include "hundreds of executives and managers" and that the 4,000 figure will be achieved through normal attrition and a voluntary buyout package for about 1,600 employees.

Boeing said layoffs could come later in the year if cost-savings targets weren't met.

Explore further: Boeing aims to spiff up in-flight bathroom experience

Related Stories

Turner Broadcasting cutting 1,475 jobs

October 6, 2014

Turner Broadcasting, the parent of the CNN, TBS and TNT networks, is eliminating about 1,475 jobs, or about 10 percent of its total employees.

Recommended for you

Volumetric 3-D printing builds on need for speed

December 11, 2017

While additive manufacturing (AM), commonly known as 3-D printing, is enabling engineers and scientists to build parts in configurations and designs never before possible, the impact of the technology has been limited by ...

Tech titans ramp up tools to win over children

December 10, 2017

From smartphone messaging tailored for tikes to computers for classrooms, technology titans are weaving their way into childhoods to form lifelong bonds, raising hackles of advocacy groups.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.