Boeing begins issuing layoff notices as a part of plan to chop 17,000 employees

WASHINGTON (Reuters) -Boeing mentioned on Wednesday it’s issuing layoff notices beginning this week to employees impacted by a broader plan by the closely indebted planemaker to chop 17,000 jobs, or 10% of its world workforce.

U.S. workers receiving the notices this week will keep on Boeing’s payroll till January to adjust to federal necessities that give employees 60 days’ discover previous to ending their employment. Information that Boeing would ship out the Employee Adjustment and Retraining Notification (WARN) in mid-November was broadly anticipated.

“As beforehand introduced, we’re adjusting our workforce ranges to align with our monetary actuality and a extra centered set of priorities,” Boeing mentioned in a press release. “We’re dedicated to making sure our workers have help throughout this difficult time.”

(Reporting by David Shepardson in Washington and Allison Lampert in Montreal; Modifying by Chizu Nomiyama)

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