✅ Boeing Lays Off 438 Union Workers As Drastic Cuts Begin

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Boeing, still grappling with financial setbacks, regulatory scrutiny, and the aftershocks of an eight-week machinists’ strike, has begun delivering layoff notices to more than 400 members of its unionized workers as part of a broader plan to cut approximately 10% of its workforce, or 17,000 jobs. Boeing employees work on the 737 MAX on the final assembly line at Boeing's Renton plant in Renton, Wash., on June 15, 2022. Ellen M. Banner/The Seattle Times via AP, Pool The layoffs target members of the Society of Professional Engineering Employees in Aerospace (SPEEA), a union representing thousands of Boeing employees. According to the union, 438 members received pink slips last week, with affected employees remaining on the payroll ...

ZeroHedge Opinion     Nov 18, 2024