This post was originally published on this site
The ever-worsening Boeing situation has taken a turn for the worse. Despite the initial hope that the company would be able to reach a deal with the striking workers, Boeing is being forced to consider mass layoffs. In a memo to employees, CEO Kelly Ortberg announced that Boeing was looking at 17,00 job cuts that were necessary for the company “to align with [their] financial reality.”
What does this mean for the organization? Boeing is looking at a 10% workforce cut in order to bring the situation back under their control.
The Boeing layoffs occurring amidst the strike reflect poorly