Giant Boeing corporation laying off more workers
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The giant airplane manufacturer Boeing has warned employees that it is planning another round of layoffs that will affect hundreds of engineers at its commercial airlines units according to Reuters.
|The cuts follow upon a reduction of 245 workers set for May 19. Boeing is responding to a slowdown in aircraft sales and fierce competition. According to a memo from John Hamilton, the vice-president of engineering, the new layoffs will start on June 23. The memo said: "We are moving forward with a second phase of involuntary layoffs for some select skills in Washington state and other enterprise locations. 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. In an ongoing effort to increase overall competitiveness and invest in our future, we are reducing costs and matching employment levels to business and market requirements."The airplane unit of Boeing already has reduced engineers by several hundred from January through March through voluntary redundancies.|