SEATTLE — Boeing is announcing layoffs.
The giant aircraft maker said Friday it will lay off about 10% of its workers in the coming months.
The company has been losing money for more than five years, and now it's dealing with a strike that has shut down factories in the Seattle area.
New CEO Kelly Ortberg says in a memo to staff that the job cuts over the coming months will include executives, managers and employees. The company has been ordering rolling temporary furloughs, but said will end because of the impending layoffs.
Earlier this week, Boeing withdrew a contract offer that would have given striking workers 30% raises over four years after talks broke down.
The manufacturer said that it had boosted its offer for union workers for take-home pay and retirement benefits during two days of negotiations.
“Unfortunately, the union did not seriously consider our proposals. Instead, the union made non-negotiable demands far in excess of what can be accepted if we are to remain competitive as a business,” Boeing said in a prepared statement. “Given that position, further negotiations do not make sense at this point and our offer has been withdrawn.”
The union said that it surveyed its members after receiving Boeing's most recent offer, and it was rejected overwhelmingly.
