MYNORTHWEST NEWS

Boeing issues layoff notices to hundreds of SPEEA Members amid broader workforce reductions

Nov 15, 2024, 8:48 AM | Updated: 9:31 am

boeing layoffs...

Boeing production floor (Photo: Bill Kaczaraba, MyNorthwest)

(Photo: Bill Kaczaraba, MyNorthwest)

Boeing has issued layoff notices to 438 members of the Society of Professional Engineering Employees in Aerospace (SPEEA) this week as part of a broader effort to reduce its global workforce by 10%, according to KIRO Newsradio.

The layoffs, which affect 218 members of the professional unit and 220 members of the technical workers unit, are part of a company-wide reduction that will see approximately 17,000 jobs cut across Boeing’s commercial, defense and global services divisions.

The job cuts were first announced in October, with Boeing beginning to notify affected employees on Wednesday. Those who received layoff notices this week will remain on the payroll through mid-January. Eligible employees will receive career transition services and subsidized health care benefits for up to three months. Additionally, severance pay will be provided, typically amounting to one week of pay for every year of service, according to Reuters.

More Boeing News: Furloughed employees to get paychecks back

The layoffs come as Boeing continues to navigate financial challenges and a recent labor union strike that halted production of several key aircraft models. Reuters also reported that the company has been working to align its workforce levels with its financial reality and a more focused set of priorities, according to a statement from Boeing.

SPEEA, which represents 17,000 Boeing employees primarily based in Washington, with some members in Oregon, California and Utah, has arranged joint meetings next week with representatives from the Washington Department of Employment Security. These meetings aim to help the laid-off members understand their rights under union contracts and navigate the process of applying for unemployment benefits.

The impact of the layoffs on Boeing’s 66,000-person workforce in Washington remains unclear. However, according to Fox Business, the company is considering a second round of job cuts if necessary, with those workers potentially being notified in December and remaining on payroll through mid-February.

Boeing’s decision to reduce its workforce by 10% is part of a broader strategy to address ongoing financial struggles and production challenges. The company has faced a series of crises this year, including a door panel incident on a 737 MAX jet, regulatory investigations into its safety culture and a significant labor strike that began in September and ended in early November.

Economist: Boeing contract will have big impact on housing in Western Washington

The strike, which involved more than 33,000 U.S. West Coast workers, significantly impacted Boeing’s production capabilities, particularly for its 737 MAX, 777 and 767 models. The end of the strike has allowed Boeing to slowly resume production, but the looming layoffs and cuts to spending and travel have weighed heavily on employee morale.

Boeing’s new CEO, Kelly Ortberg, who took over in August, has emphasized the need for structural changes to ensure the company remains competitive and can deliver for its customers over the long term. The company has also announced the end of production for its 767 aircraft in 2027 and delayed the rollout of its new 777X model to 2026 due to the discovery of a defective part.

As Boeing continues to navigate these challenges, the company remains committed to supporting its employees during this difficult time, providing resources and assistance to those affected by the layoffs.

Bill Kaczaraba is a content editor at MyNorthwest. You can read his stories here. Follow Bill on X, formerly known as Twitter, here and email him here

MyNorthwest News

Four suspects who crashed this SUV in Burien after a carjacking in the University District remain a...

Tom Brock

Four suspects escape after crashing carjacked vehicle

Four armed suspects are on the loose after they carjacked a woman’s Subaru in the University District at gunpoint early Friday morning.

3 hours ago

Police search for one or more suspects after five people were shot early Saturday at a hookah loung...

Tom Brock

Shooting in Seattle’s International District injures five people

Seattle police are working to track down one or more suspects after five people were shot at a hookah lounge in Seattle’s Chinatown-International District.

6 hours ago

Image: A Spokane County Sheriff's Office vehicle....

Steve Coogan

Woman arrested in Spokane after saying she was too busy to return rental car

A woman was arrested in Spokane after failing to return a rental car she obtained in October, telling authorities she got too busy.

11 hours ago

Image: The Boeing company logo is displayed on the floor of the New York Stock Exchange during morn...

Steve Coogan

Boeing lays off hundreds more SPEEA workers

Boeing layoffs: Separation notices were issued to 222 members of union known as SPEEA according to a short statement published Friday.

13 hours ago

Image: Bellevue Police Department Officer Kevin Bereta, left, and his wife Jenny stand next to Vice...

Steve Coogan

Bellevue officer seriously injured in VP motorcade accident meets Kamala Harris

The Bellevue police officer who was seriously injured in August 2023 while working a motorcade for Vice President Kamala Harris met her.

1 day ago

Photo: The Tacoma Humane Society is asking for donations to help six malnourished puppies....

Julia Dallas

Tacoma Humane Society asks for help saving ‘6 tiny lives’

The Humane Society for Tacoma and Pierce County is pleading for donations after six sickly puppies arrived at its door.

1 day ago

Boeing issues layoff notices to hundreds of SPEEA Members amid broader workforce reductions