Boeing Announces 17,000 Job Cuts, Including Nearly 400 in Washington
The aerospace giant is reducing its global workforce by 10% to address financial challenges and operational setbacks after a turbulent year.
- Boeing plans to lay off 396 employees in Washington by February 2025, as part of a broader restructuring effort.
- The layoffs are part of a 10% global workforce reduction announced in October, affecting approximately 17,000 jobs across multiple states and countries.
- Workers impacted in Washington are spread across locations including Seattle, Renton, Everett, and several others in the Puget Sound area.
- The company cited financial pressures, safety concerns, and operational disruptions, including a machinists' strike and production delays, as key reasons for the cuts.
- Laid-off employees will receive severance pay, career transition support, and subsidized health insurance for up to three months.