Boeing to Dismiss Hundreds of Engineers Amid Sales Slowdown
- Record order backlogs and surplus older models hurt demand
- Planemaker says additional cuts may be on horizon in 2017
The General Electric Co. GE90 engine of a Boeing 777 jet stands on the assembly line at the company's manufacturing facility in Everett, Washington.
Photographer: Ron Wurzer/BloombergThis article is for subscribers only.
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.