Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its machinists' union.

cross-posted from: https://lemmy.world/post/22161530

SEATTLE (AP) — Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its machinists’ union.

The pink slips went out last week to members of the Society of Professional Engineering Employees in Aerospace, or SPEEA, The Seattle Times reported. The workers will remain on the payroll through mid-January.

Boeing announced in October that it planned to cut 10% of its workforce, about 17,000 jobs, in the coming months.

  • Voroxpete
    47·
    1 month ago

    “Our upper management made a bunch of terrible decisions, so we’re fixing this by firing the competent people who do all the actual work. Please buy our shares.”

    • NatakuNox@lemmy.world
      4·
      1 month ago

      Don’t worry. After this move or CEO and share holders will be happy, and that’ll make our planes safer!

  • Modva@lemmy.world
    32·
    1 month ago

    And the executives and management… who did this to Boeing, what will happen them while the rest are having their lives thrown into turmoil?

    Nothing, because after all, they were simply executing the mission of the shareholders (who are blameless in all of this). Maximize profit, minimize cost.

    This is simply more of that same mission. They hurt the company, we pay with our livelihood.

    • whotookkarl@lemmy.world
      3·
      1 month ago

      It doesn’t even need to be permanent, just enough time to replace the executives and board with competent people who aren’t just trying to borrow and bust the company. The regulatory body obviously fucked up letting the '97 merger go through and need to rectify the problem not just continue to let it fester.