SEATTLE – Our local economy is about to suffer another blow thanks to the coronavirus.
Boeing executives announced on Thursday a plan to reduce the number of employees, as global demand for aircraft is expected to change dramatically.
The Boeing CEO called the current economic climate “unexplored waters” and to continue to succeed, the company must make changes.
Q13 News also spoke to an employee of North Sound Boeing who feared the company would lose a workforce with years of experience.
“It really tears you apart to see this,” the man told Q13 News.
The employee asked Q13 News to hide his identity because he did not want to be in trouble for speaking.
“Very difficult times at this point,” he said. “Especially since they suspended their operations. “
The 737 MAX has been immobilized for months and this has already had a significant impact on the business. Now, with the possibility of voluntary layoffs due to a destructive economic pandemic, the employee says the security formerly held of having a solid job at Boeing is no longer foolproof.
“You were at the top of the world if you worked for Boeing,” he said.
In a statement from the company’s CEO, Boeing said it would seek voluntary layoffs that offer money and benefits to those who come forward. Voluntary layoffs, including natural turnover, are aimed at reducing the workforce reductions needed in the future.
Seattle Times Reports Voluntary Layoffs Could Mean Thousands
Included in the announcement, Boeing said more information on those eligible for any voluntary redundancy plans would arrive within a month.