Rep. Smith Releases Statement Regarding Boeing Layoffs

WASHINGTON, D.C. - Today, Rep. Smith releases a statement regarding Boeing's employee layoff announcement.

"I am disappointed by Boeing's decision to lay off 10 percent of its 170,000-employee workforce over the coming months. This is a hard day for Boeing employees across the world and many of whom reside in King County, Washington. My heart is with those employees and their families who will find themselves out of work.

"Employees are being forced to absorb the consequences of poor corporate management and oversight. In recent years, the company has prioritized profits and stakeholders over the integrity of their product and the well-being of their employees. This strategy is clearly not working. From production delays, faulty parts, stranded astronauts, ongoing litigation, and investigations, Boeing has struggled to produce high quality products.

"This failure has a rippling impact on the nation and the strength of American aerospace. Boeing is a giant legacy aerospace company and the way that they do business impacts not only folks in King County, but also people across the world. Our transportation sector and our national defense rely on the strength of Boeing, but any company is only as strong as its workforce.

"Boeing's success relies on its dedicated employees, and investing in them is essential for long-term recovery. Boeing employees have put up with a lot for a long time, from cut pensions to insufficient wage increases. Now more than ever, a fair resolution to the machinists' strike is essential to restore trust and show commitment to those who drive Boeing's future. I sincerely hope that the parties reach an agreement that respects all employees and ensures the strength of the company as a whole."

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