CHICAGO (April 18): Boeing Co. plans to lay off hundreds of engineers in Washington state and other locations -- and may eliminate more jobs later this year as the planemaker contends with slowing aircraft sales.

The manufacturer plans to hand out pink slips on Friday, the same day that 305 engineers and technical workers will leave voluntarily under an earlier buyout offer. Boeing has pared 1,332 of the jobs from its Seattle-area manufacturing center since the start of 2016, according to SPEEA, the union representing the workers.

Boeing may make additional engineering cuts depending on “our business environment and the amount of voluntary attrition,” John Hamilton, vice president of engineering for the commercial airplanes unit, said in a letter to employees Monday. The dismissals are needed to “meet our operating plan and additional challenges in the marketplace.”

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook