Boeing to lay off nearly 400 employees as company's mass cuts continue

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Boeing,Layoffs,Washington

Today's Video Headlines: 12/10/24

The move is part of a 10% global workforce cut that the company announced in October, which is expected to impact approximately 17,000 jobs within Boeing.

Another 200 or so employees will be laid off in Oregon, South Carolina and Missouri during the same timeframe. “Eligible employees will receive severance pay, career transition services, and subsidized health care benefits up to 3 months after exiting the company,” the company said previously. “As previously announced, we are adjusting our workforce levels to align with our financial reality and a more focused set of priorities. We are committed to ensuring our employees have support during this challenging time,” Boeing previously said to FOX Business.

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