Report: Boeing to cut 4,000 jobs in Wash.
SEATTLE - The Boeing Co. is reportedly taking steps to eliminate 10 percent of its workforce in Washington state.
The Seattle Times reports ( http://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 jobs 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 issued a statement Tuesday, saying:
We continue to follow our plan announced last month to make fundamental changes for the long term to win in the market, fund our growth and operate as a healthy business.
That involves a combination of non-labor cost savings, supply chain savings, and reduced staffing levels. While there is no employment reduction target, the more we can control costs as a whole-- the less impact there will be to employment.
Staffing reductions through mid-year, including hundreds of executives and managers, are projected to total approximately 4,000 positions -- none of which involve involuntary layoffs. We’ve been able to reduce staffing levels through attrition, leaving open positions unfilled, and voluntary layoffs. We’ll only use involuntary layoffs as a last resort.
Associated Press and KING 5 News