Posted on 04/19/2017 9:02:27 AM PDT by Lorianne
Boeing Co warned employees on Monday it planned another round of involuntary layoffs that would affect hundreds of engineers at its commercial airplanes unit, according to a source and a memo seen by Reuters.
The latest job cuts followed a prior involuntary reduction of 245 workers set for May 19 as the company responded to increasing competition and slowing aircraft sales.
The additional layoffs are due to start June 23, according to the memo from John Hamilton, vice president of engineering at Boeing Commercial Airplanes.
"We are moving forward with a second phase of involuntary layoffs for some select skills in Washington state and other enterprise locations," the memo said. "We anticipate this will impact hundreds of engineering employees. Additional reductions in engineering later this year will be driven by our business environment and the amount of voluntary attrition."
Boeing's airplane unit eliminated several hundred engineers through voluntary redundancies announced in January and March.
(Excerpt) Read more at reuters.com ...
Enjoy that Mullah money b*tches..!!
Looks like the Iranian fleet sales aren’t going to happen?
How many H1B visas holders do they employ?.........................
I like to see a law passed that says a company must lay off H1B workers before any American citizens.
Have no idea but I would guess a lot.
Not clear who is being let go.
Very few. Last year they had 30 H-1Bs and 3 Green Card requests. Link
The only way to know is if we get the scoop from some Freeper who works at Boeing and may be getting sacked.
Boeing’s move to China would ease cramped quarters at Renton plant and Boeing Field
Chinese commercial aircraft companies still need to improve their aircraft design and production processes before they can compete internationally, and this move by Boeing will certainly help them along. More technology transfer to China, whether intended or not.
Well, OK, but the H1B visa holders, every one of them at Boeing, should be in that first round.
THAT is the variable that somehow never gets used, as almost always, only the higher payed specialists get laid off, the cheaper seats remain relatively safe.
All that “WINNING!!” is slowing down.
Where is that economic miracle that we are all hoping and praying for?
It’s called right-sizing, and there won’t be an economic miracle if companies are forced to carry dead weight.
Maybe there are other folks like me who refuse to fly due to the TSA BS.
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