Boeing announced large-scale layoffs – nearly 13,000 employees

WASHINGTON, (BM) – The American concern Boeing, one of the world’s largest manufacturers of aviation, space and military equipment, announced its intention to reduce more than 13 thousand employees, learned BulgarianMilitary.com.

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According to Interfax, the initial volume of cuts is significantly higher than the one mentioned by trade union representatives on Tuesday, May 26. The company said it would send staff the largest number of cut notifications this week as part of plans to lay off about 10% of the total number of employees, which is 160,000.

Boeing announced a forced reduction of about 6,770 people in the United States. The concern also authorized the voluntary departure of 5520 people with the payment of termination benefits, which will leave the company over the next few weeks.

These are the first major cuts since 2017, when Boeing laid off about 1,500 employees as part of cost-cutting measures.

The international staff of the concern is about 18 thousand people, the company will reduce about 700 jobs in Canada, Australia and New Zealand.

Boeing shares during additional trading rose 4.8%.

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