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Boeing To Cut 1,800 Factory, Engineering Jobs

Nearly 2,000 workers will leave through voluntary buyouts as Boeing moves forward on job cuts previously announced in December.

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Nearly 2,000 workers will leave through voluntary buyouts as Boeing moves forward on job cuts previously announced in December.

Bloomberg reports that Boeing Co. will shrink its Seattle-area workforce by at least 1,800 jobs in an effort to streamline operations and remain competitive in the commercial aircraft market.

According to CNN Money, the International Association of Machinists says 1,500 of its members will take buyouts, while 300 members of the Society of Professional Engineering Employees in Aerospace will take the package.

Boeing employees were notified in December that the company would seek buyouts as a way to reduce costs and match employment to market requirements, a spokesman told Bloomberg. Over the past year, Boeing has reduced its Washington workforce by 9.2 percent.

The engineering union was told by the company to “expect a similar reduction in workforce in our units as we experienced last year.”