Boeing announces layoffs across Florida as mounting concerns about the company continue to grow
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Boeing is issuing layoff notices to more than 100 employees across Florida starting in January 2025, according to a Worker Adjustment and Retraining Notification Act letter.
Locations include Titusville and the Kennedy Space Center, where Boeing plays a key role in the aerospace industry. In 2023, the company spent over $1 billion with suppliers in Florida, underscoring its economic influence in the region.
Boeing issued a statement to the Orlando Business Journal attributing the layoffs to its need to «align workforce levels with financial realities and a more focused set of priorities.»
In October, Boeing issued cuts to approximately 17,000 employees who were expected to leave the company in mid-January, Boeing said. The cuts, which came after a labor union strike, equate to 10% of its workforce.
BOEING ISSUES LAYOFF NOTICES AS AEROSPACE GIANT CUTS 17,000 JOBS
A logo is seen on the Boeing stand on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. (JUSTIN TALLIS/AFP via Getty Images / Getty Images)
«We are adjusting our workforce levels to align with our financial reality and a more focused set of priorities,» Boeing told FOX Business in October.
In an October 23 statement, CEO Kelly Ortberg said the company is «at a crossroads.»
He said that trust in the company has eroded and it is saddled with too much debt. Still, he foresaw great opportunities ahead including a backlog of roughly half-a-trillion dollars and «a customer base that want[s] us and need[s] us to succeed.»
BOEING STRIKE ENDS AFTER LABOR UNION ACCEPTS CONTRACT OFFER, ANNOUNCES RETURN TO WORK
Kelly Ortberg, chief executive officer of Boeing Co. (Daniel
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