CEO Kelly Ortberg announced the news in a letter to employees, saying the layoffs will affect managers, executives and employees across various departments in the coming months. More details on how the cuts will affect specific teams are expected to be announced next week.
The decision follows a series of setbacks for Boeing, including the grounding of its 737 Max planes after an incident in January, legal challenges stemming from 737 Max crashes in 2018 and 2019, and the delayed return of its Starliner spacecraft. More than 30,000 Boeing workers have been on strike since mid-September, further complicating the company’s operations.
Ortberg emphasized that these layoffs are difficult but necessary for the company’s “long-term recovery and competitiveness.”
Source: Ferra
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