Due to intense global competition in the aviation industry, Boeing is reportedly planning to reduce its workforce by 8,000 jobs, representing 10 percent of its Washington State employees.
The aerospace giant said it will eliminate 4,000 jobs in its commercial airliner division. Approximately one third of those cuts will come from voluntary resignations, while the rest will be from leaving job openings unfilled.
“While there is no employment reduction target, the more we can control costs as a whole the less impact there will be to employment,” Boeing spokesman Doug Alder said.
Adler said that the job cuts would include hundreds of managers and executives, but would not be done via forced layoffs.
The Seattle Times reported that Boeing, which is one of the largest in the industry and has dominated the sector for decades, was looking to reduce the workforce overall by 10 percent, or a total of 8,000 jobs in Washington.
Last month the chief executive of Boeing’s airplane business, Ray Conner, said that layoffs were needed to “win in the market, fund our growth and operate as a healthy business.”
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