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Electronics Production |

1'800+ Boeing workers accept buyouts

1'800 unionised Boeing employees have accept buyouts and were leaving the aerospace company amidst further job cuts.

US-headquartered Boeing already cut around 7'400 positions in 2016 and said it expected to eliminate a similar number in 2017. The machinists' union said about 1'500 employees had accept a buyout offer that includes one week of severence pay for every year of service and six months of medical coverage. The Society of Professional Engineering Employees in Aerospace, according to a report in The Seattle Times, said 305 members also accept buyouts, with the same severance pay and three months of medical coverage. Non-union employees were also offered buyouts, but it is unclear how many accepted the offer.

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April 25 2024 2:09 pm V22.4.31-1
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