Boeing continues to cut jobs, citing need to stay competitive
EVERETT The Boeing Co.s workforce in Washington dropped by 1,582 in April.
That is the biggest month-over-month decline for the airplane maker since January 2003, when it cut approximately 1,800 jobs in the state, according to The Daily Heralds analysis of employment data on Boeings website.
At the time, the company was struggling through a downturn begun with the Sept. 11, 2001, terrorist attacks, which sent airlines reeling as would-be flyers opted to stay grounded. Commercial aviation further was hammered by rising fuel prices, a global recession and other market challenges. As airlines canceled and delayed orders for new jetliners, Boeing slashed its Washington workforce from 80,000 in the fall of 2001 to 62,000 one year later. It bottomed out at 52,763 in June 2004.
Boeing executives say the need to curb costs in a competitive market is driving the current paring down of jobs. In 2016, the company cut its global workforce by nearly 11,000. Most of that reduction 7,357 jobs came in Washington, where Boeing makes nearly all its commercial airplanes.
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