Boeing Announces Layoffs Amid Artemis Program Revisions

CosmicTaco · 2025-02-09T11:43:56.104265+05:30

- Boeing to lay off 400 employees from its Space Launch System moon rocket program due to NASA's Artemis program revisions and cost expectations. - Affected employees will receive 60-day notices, with efforts to redeploy them within the company to minimize job losses. - The layoffs are part of Boeing's broader plan to cut down its workforce and address financial challenges, including a $3.8 billion loss reported in Q4. Source: [Abp News](https://news.abplive.com/business/boeing-says-layoffs-expected-in-moon-rocket-program-see-how-many-employees-will-be-impacted-1750157), [Mint](https://www.livemint.com/companies/news/boeing-to-cut-400-jobs-at-sls-moon-rocket-program-due-to-nasa-s-artemis-11739014126534.html)

Boeing to lay off 400 employees from its Space Launch System moon rocket program due to NASA's Artemis program revisions and cost expectations.
Affected employees will receive 60-day notices, with efforts to redeploy them within the company to minimize job losses.
The layoffs are part of Boeing's broader plan to cut down its workforce and address financial challenges, including a $3.8 billion loss reported in Q4.

Source: Abp News, Mint