Boeing begins issuing layoff notices amid ongoing financial struggles

This employee has worked at Boeing's Everett Factory fulfillment for five years and has experienced layoffs before. He shared his frustration: “This is my second time being laid off within the last three years, so it leaves a sour taste in my mouth. So I definitely don’t want to come back here - at least anytime soon. I thought I would be a little more sad but I’m honestly more frustrated and kind of mad with the company.”

Boeing has not clarified which positions or plants are affected by these layoffs.

The company has been facing financial challenges due in part to a seven-week machinist union strike that forced job cuts regardless of its resolution. Executives and nonunion workers were furloughed during this period as well. Boeing's struggles have been compounded by issues with its Boeing 737 Max model, which led to two fatal crashes causing over 300 deaths, along with delays in its Boeing 777X program.

The Federal Aviation Administration (FAA) has restricted Boeing's production capabilities to ensure quality standards are met after several safety lapses. These measures have impacted Boeing financially but aim to restore consumer confidence in their products.

New CEO Kelly Ortberg is leading efforts to address these issues amid ongoing competition with Airbus.