CNBC is reporting that Boeing has accepted 1,880 voluntary layoffs from its Seattle location.
The job reductions had been announced last year, and impact union machinists and engineers. According to CNNMoney, nonunion workers were also offered buyouts, but the company declined to say how many accepted. CNN also says that the unions are bracing for additional layoffs, but did not provide further detail.
Early last year, Boeing's CEO Ray Conner announced a workforce reduction plan that some expected would result in a 10 percent overall cut in employees. According to the Seattle Times, “The workforce reduction is part of a major cost-saving push that also involves squeezing supplier costs, increasing productivity, shrinking inventory and cutting travel, overtime, services and contractor expenses.”