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Tag: Layoffs

Boeing to layoff hundreds in Washington state as company-wide cuts continue
Fox Business, National

Boeing to layoff hundreds in Washington state as company-wide cuts continue

By Elizabeth Pritchett  | Fox Business Boeing is laying off 396 employees at locations in Washington state, Reuters reported on Monday. The move is part of a 10% global workforce cut that the company announced in October, which is expected to impact approximately 17,000 jobs within Boeing. A total of 2,199 Boeing workers in the state of Washington – where its workforce totals more than 60,000 – will be laid off over the next few months, Fox Business reported in November. READ THE FULL STORY AT FOX BUSINESS
Major paint company to lay off 1,800 workers, close facilities in cost reduction program
Fox Business, National

Major paint company to lay off 1,800 workers, close facilities in cost reduction program

By Daniella Genovese  | Fox Business PPG — a global manufacturer of paints, coatings, and specialty materials — is laying off nearly 2,000 workers as it trims operation costs and sells off a chunk of its architectural business. The cuts will impact about 1,800 positions, primarily in the U.S. and Europe. PPG didn't disclose when the layoffs would occur. The Pittsburgh-based company said it is part of a comprehensive cost reduction program focused on reducing structural costs primarily in Europe and in certain other global businesses, along with other corporate costs. The program also includes various facility closures. READ THE FULL STORY AT FOX BUSINESS