Boeing Offers Buyouts Options To South Carolina Workers

Boeing is offering voluntary resignations to its engineering unit in South Carolina.

Boeing Corporation has made several job cuts this year to save extra costs and lower down the costs of its products in order to compete efficiently with its rivals in the market. The airplane maker is now offering voluntary layoff to its employees in the engineering unit in North Charleston. It even has plans to make almost 4,000 job cuts by the end of June this year.

The aerospace company plans to start the voluntary cuts from Thursday to at least 200 of it employees at its center in South Carolina that produces the 787 Dreamliner and even extra parts for the 737 MAX. A spokeswoman for the company, Elizabeth Merida confirmed these reports through an emailed statement but she did not give any details about the exact number of employees that will be laid off. The employees will be notified of the organizations plans according to the officials and will be given 30 days to make a decision and even a five-day buffer if they wish to change their decision.

Boeing Co. announced its plans of making 4000 job cuts in its commercial unit, thus this recent announcement does not come as surprise. The officials of the company are going to evaluate who needs to be cut off after the employees submit their own decisions. If lesser workers decide to quit voluntarily, the aerospace giant is planning to make the job cuts against the workers will as that is going to be its last option.

Workers should consider this offer as it is giving them a package of one week of payments for every year with the company till at least 26 weeks. This offer only stands for workers who have worked with Boeing for over a year. 

An official of the airplane maker said that the company is not happy about making these job cuts and it is a difficult decision, this option will allow it to make the job cuts easily its many units in order to continue with its business strategy. The voluntary layoff program is going to help the organization make the job cuts in a better manner rather than letting employees go against their will. 

Boeing's commercial airplanes are going to cost lesser once the company is able to achieve its goal of making 4,000 job cuts and save extra costs. The job cuts include manager and even executives, which indicates that employees of all position are being looked at the same and should look for other alternatives before it’s too late and they are unemployed. Boeing did not make any comments if more job cuts are going to be made in the same facility in the future or not.