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Boeing announces it will lay off almost 2,200 people – Business and Finance

Boeing announces it will lay off almost 2,200 people – Business and Finance

NEW YORK: US aerospace giant Boeing sent out its first layoff notices on Monday as part of its previously announced plan to cut 10 per cent of its global workforce.

Boeing plans to cut about 2,200 jobs in the US state of Washington, home to many of its oldest factories, according to a statement made public on Monday.

Companies in the United States are required by law to send a “WARN” notice (Worker Adjustment and Retraining Notification) to local authorities sixty days prior to any layoff.

Boeing said in its announcement that it expects to permanently lay off people starting Dec. 20. 2,199 people will be affected.