Boeing the planemaker will be offering a second voluntary layoff package to employees to depart the company with pay and benefits
The offers will be extended to employees in the commercial airplanes division, services division and corporate offices.
Aircraft played a significant role, with Boeing and our heritage companies producing over 90,000 aircraft during WW2. It included the Harvard, pictured, used by the Royal Air Force and other Commonwealth nations.
In a letter to Boeing employees Monday, CEO Dave Calhoun said: “This action will extend our overall workforce reductions beyond the initial 10% target and will allow more employees who want to depart the company to do so voluntarily with a pay and benefits package. Importantly, it also will help limit additional involuntary workforce actions.”
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Earlier this year 5,500 Boeing employees agreed to take buyout packages and leave the company voluntarily. The company then laid off another 6,800 in May. But even as it prepared for additional cuts to hit the 16,000 target, the long-term production plans changed for the worse.
This is a re-opening of the previous buyout offer the company extended earlier this year to bring down overall employment. The company is not giving a number as to how many more buyout offers it plans to extend.
Travel demand has cratered because of the coronavirus pandemic as measures such as stay-at-home orders and international travel bans try to stop the spread of Covid-19.
