Boeing Cutting 17,000 Jobs Over ‘Coming Months’
What’s happening at Boeing?
Boeing is starting to hand out layoff notices after announcing plans to scale back its staffing levels last month.
CEO Kelly Ortberg told employees on Oct. 11 that the planemaker will reduce its global workforce by approximately 10 per cent–or 17,000 jobs–over the “coming months.”
“Our business is in a difficult position, and it is hard to overstate the challenges we face together,” Ortberg said.
“Beyond navigating our current environment, restoring our company requires tough decisions and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term.”
He added that the job cuts will affect a variety of staff members, including executives and managers.
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Company background
Boeing is an American multinational corporation that develops, manufactures, and services commercial airplanes, defence products, and space systems for customers in more than 150 countries.
According to LinkedIn, the company has more than 980 employees in Canada.
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