Boeing to cut nearly 10,000 jobs

[kothavani]

 

Boeing announced to employees Wednesday a first batch of almost 7,000 involuntary layoffs in the U.S. Added to more than 5,500 voluntary buyouts, that means it will cut almost 12,300 U.S. jobs.

Washington state takes the biggest hit: 9,840 Boeing jobs will be cut before July 31 in a combination of buyouts and involuntary layoffs, the company said.

“We have come to the unfortunate moment of having to start involuntary layoffs,” CEO Dave Calhoun said in a message to all employees. “We’re notifying the first 6,770 of our U.S. team members this week that they will be affected.”

He said the “devastating impact” of the spread of COVID-19 on the airline industry translates into “a deep cut in the number of commercial jets and services our customers will need over the next few years, which in turn means fewer jobs on our lines and in our offices.”

“I wish there were some other way,” he added.

Those U.S. job losses add to 400 layoff notices issued last week at Boeing’s parts fabrication plant in Winnipeg, Canada, and 230 earlier this month at its manufacturing plant in Melbourne, Australia — bringing the company-wide workforce reduction to just shy of 13,000 people.

Wednesday’s is the first and largest cut in the U.S., but there is more to come. Boeing earlier said it plans to cut about 16,000 jobs total due to the dramatic falloff in airline business.

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A Boeing spokesman said Wednesday that “it will take some time for the company to reduce our workforce by the approximately 10% we announced.”

“Today’s numbers represent the largest segment of layoffs. The several thousand remaining layoffs will come in additional tranches over the next few months,” he said.

Boeing had previously announced sharp reductions in airplane production plans.

The 787 Dreamliner’s production was cut from 14 per month to 10 per month this year, and will drop to seven per month by 2022. Production of the 777 and 777X will be cut to three per month from the current five a month.

And previous optimistic plans to quickly boost production of the 737 MAX to 42 jets per month, just months after it gets clearance to fly again, have been abandoned. The plan now is to raise the rate to 31 planes per month sometime next year.

In his message, Calhoun told the employees who will keep their jobs that “enormous challenges remain” and that Boeing “will have to adjust our business plans constantly until the global pandemic stops whipsawing our markets in ways that are still hard to predict.”

Laying out the priorities to steady the business, he listed keeping employees healthy and safe, supporting airline customers and Boeing suppliers through the recovery, and working with airlines “to assure the traveling public that it can fly safe from infection.”

ADVERTISING

 

 

He said the defense and space side of Boeing’s business remains strong. And despite the collapse in demand for passenger jets, he said the commercial airplanes division will move forward “with our plan to restart 737 MAX production in Renton.”

The MAX has been grounded for almost 15 months following two deadly crashes. Boeing is continuing its efforts to get the plane — updated with modified flight control systems — recertified and back into service later this year.

As he delivered the bad news, Calhoun tried to offer some hope, writing that he’s seeing “some green shoots,” meaning the beginning of regrowth in the worldwide airline economy.

“Some of our customers are reporting that reservations are outpacing cancellations on their flights for the first time since the pandemic started. Some countries and U.S. states are starting cautiously to open their economies again,” Calhoun wrote.

“But these signs of eventual recovery do not mean the global health and economic crisis is over,” he added. “Our industry will come back, but it will take some years to return to what it was just two months ago.”

[kothavani]

oka two weeks nionchio layoffs sappudu ledu anukunam

[JambaKrantu]

Seattle economy will get frocked because of all the layoffs.. Zillow, Refdin, Expedia, Boeing.. Only Amazon and Microsoft are hiring. Rest everything is doing bad there..

[tacobell fan]

With today's launch it only makes the matter even worse at @boeing747

[Michaelbarbosa]

3 minutes ago, tacobell fan said:

With today's launch it only makes the matter even worse at @boeing747

u talking abt spaceX ones ??

[tacobell fan]

1 minute ago, Michaelbarbosa said:

u talking abt spaceX ones ??

Yes

[tom bhayya]

after 6 months offshore lo full ga hire chesukuntaaru ley 

[Sreeven]

Baga dabbulu dobbadu ippudu layoff donga na dash gallu

[manadonga]

Washington lo cost baaga ekkuva 

poor states lo investment penchali like south they will get more empolyees with less price 

[AndhraneedSCS]

27 minutes ago, JambaKrantu said:

Seattle economy will get frocked because of all the layoffs.. Zillow, Refdin, Expedia, Boeing.. Only Amazon and Microsoft are hiring. Rest everything is doing bad there..

Costco

[karna11]

BA lesthundhi has bagane, tatha ki adhe kavali

[Tellugodu]

3 hours ago, kothavani said:

 

Boeing announced to employees Wednesday a first batch of almost 7,000 involuntary layoffs in the U.S. Added to more than 5,500 voluntary buyouts, that means it will cut almost 12,300 U.S. jobs.

Washington state takes the biggest hit: 9,840 Boeing jobs will be cut before July 31 in a combination of buyouts and involuntary layoffs, the company said.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Skip

 

 

“We have come to the unfortunate moment of having to start involuntary layoffs,” CEO Dave Calhoun said in a message to all employees. “We’re notifying the first 6,770 of our U.S. team members this week that they will be affected.”

He said the “devastating impact” of the spread of COVID-19 on the airline industry translates into “a deep cut in the number of commercial jets and services our customers will need over the next few years, which in turn means fewer jobs on our lines and in our offices.”

“I wish there were some other way,” he added.

Those U.S. job losses add to 400 layoff notices issued last week at Boeing’s parts fabrication plant in Winnipeg, Canada, and 230 earlier this month at its manufacturing plant in Melbourne, Australia — bringing the company-wide workforce reduction to just shy of 13,000 people.

Wednesday’s is the first and largest cut in the U.S., but there is more to come. Boeing earlier said it plans to cut about 16,000 jobs total due to the dramatic falloff in airline business.

ADVERTISING

 

 

A Boeing spokesman said Wednesday that “it will take some time for the company to reduce our workforce by the approximately 10% we announced.”

“Today’s numbers represent the largest segment of layoffs. The several thousand remaining layoffs will come in additional tranches over the next few months,” he said.

Boeing had previously announced sharp reductions in airplane production plans.

The 787 Dreamliner’s production was cut from 14 per month to 10 per month this year, and will drop to seven per month by 2022. Production of the 777 and 777X will be cut to three per month from the current five a month.

And previous optimistic plans to quickly boost production of the 737 MAX to 42 jets per month, just months after it gets clearance to fly again, have been abandoned. The plan now is to raise the rate to 31 planes per month sometime next year.

In his message, Calhoun told the employees who will keep their jobs that “enormous challenges remain” and that Boeing “will have to adjust our business plans constantly until the global pandemic stops whipsawing our markets in ways that are still hard to predict.”

Laying out the priorities to steady the business, he listed keeping employees healthy and safe, supporting airline customers and Boeing suppliers through the recovery, and working with airlines “to assure the traveling public that it can fly safe from infection.”

ADVERTISING

 

 

He said the defense and space side of Boeing’s business remains strong. And despite the collapse in demand for passenger jets, he said the commercial airplanes division will move forward “with our plan to restart 737 MAX production in Renton.”

The MAX has been grounded for almost 15 months following two deadly crashes. Boeing is continuing its efforts to get the plane — updated with modified flight control systems — recertified and back into service later this year.

As he delivered the bad news, Calhoun tried to offer some hope, writing that he’s seeing “some green shoots,” meaning the beginning of regrowth in the worldwide airline economy.

“Some of our customers are reporting that reservations are outpacing cancellations on their flights for the first time since the pandemic started. Some countries and U.S. states are starting cautiously to open their economies again,” Calhoun wrote.

“But these signs of eventual recovery do not mean the global health and economic crisis is over,” he added. “Our industry will come back, but it will take some years to return to what it was just two months ago.”

Entha mandi desi janalu untaru ??

[Tellugodu]

3 hours ago, tom bhayya said:

after 6 months offshore lo full ga hire chesukuntaaru ley 

Offshore ante India naa ??

[karthik25]

3 hours ago, kothavani said:

oka two weeks nionchio layoffs sappudu ledu anukunam

[Vallavan]

papam man.. seattle lo situation bad to worse aitadi ee jobless situation tho..