Boeing Gives 1,000 Workers Layoff Notices

Boeing Co. (BA) announced Friday that it had sent 1,000 layoff notices to workers in Washington state and California, alerting them that they're at risk of losing their jobs on April 23. The layoffs are part of the aircraft manufacturer's 10,000 job cuts originally planned for 2009.The Associated Press reported that 800 of those targeted are technology workers in Boeing's Engineering, Operations & Technology unit. Half of those receiving notices are in Washington's Puget Sound area, where Boeing's commercial airline division is located, and about 300 are based in California. A spokesperson says it's possible that not all workers who get a notice will be terminated. Boeing has 158,500 employees worldwide.

The layoffs come two days after Boeing reached an agreement with the IAM District 751 union on a voluntary layoff plan. Prior to the agreement, Boeing had said it planned to reduce workers in the Puget Sound area this year by 2,000.

On its website, District 751 President Tom Wroblewski put a positive spin on the potential layoffs. "This is especially appealing for those members who were planning to retire anyway," Wroblewski wrote. "It is a win-win situation, and it allows those who want to leave another option, along with some additional benefits."

Boeing shares were up $0.92 to $63.81 in afternoon trading.
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