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All rights reserved. <a href="https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ">FAQ</a> - <a href="/privacy-policy">New Privacy Policy</a><br>Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on 'The Big Money Show.'<br>Boeing is laying off 396 employees at locations in <a href="https://www.foxbusiness.com/category/fox-news-washington" target="_blank" rel="noopener">Washington state,</a> Reuters reported on Monday.<br>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.<br>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.<br>Another 200 or so employees will be laid off in Oregon, South Carolina and Missouri during the same timeframe.<br><a href="https://www.foxbusiness.com/economy/boeing-announces-layoffs-across-florida-mounting-concerns-about-company-continue-grow" target="_blank" rel="noopener"><strong>BOEING ANNOUNCES LAYOFFS ACROSS FLORIDA AS MOUNTING CONCERNS ABOUT THE COMPANY CONTINUE TO GROW</strong></a><br><span>Boeing will be laying off 396 employees in Washington state as part of the 10% cut of the company's global workforce following a crisis-filled year.</span><span> (David Ryder/Bloomberg via Getty Images / Getty Images)</span><br>According to Boeing, "only a very small number" of <a href="https://www.foxbusiness.com/category/jobs" target="_blank" rel="noopener">employees will lose their jobs</a> in December, "while the majority will exit in mid-January."<br>"Eligible employees will receive severance pay, career transition services, and subsidized health care benefits up to 3 months after exiting the company," the company said previously.<br><a href="https://www.foxbusiness.com/economy/boeing-issues-layoff-notices-aerospace-giant-cuts-workforce" target="_blank" rel="noopener"><strong>BOEING ISSUES LAYOFF NOTICES AS AEROSPACE GIANT CUTS 17,000 JOBS</strong></a><strong> </strong><br>The cuts are coming through layoffs or by not filling vacancies in efforts to revamp the company following a tumultuous year that began in early January when a panel blew out mid-air on an <a href="https://www.foxbusiness.com/fox-news-travel/alaska-air-flight-attendants-reveal-disturbing-details-mid-air-blowout-scare" target="_blank" rel="noopener">Alaska Airlines flight.</a><br><span>Investigators from the National Transportation Safety Board said evidence shows four bolts that hold the door plug in place on the Boeing 737 Max 9 were missing at the time of the blowout on Alaska Airlines flight 1282.</span><span> (NTSB / Fox News)</span><br>Most recently, the company was forced to stall production of its strongest-selling 737 MAX jet amid a weeks-long strike on the West Coast.<br>"As previously announced, we are adjusting our workforce levels to align with our financial reality and a more focused set of priorities. We are committed to ensuring our employees have support during this challenging time," Boeing previously said to FOX Business.<br><span>A Boeing 777-9 jetliner aircraft sits on the tarmac during the 2023 Dubai Airshow at Dubai World Central - Al-Maktoum International Airport in Dubai.</span><span> (GIUSEPPE CACACE/AFP via Getty Images / Getty Images)</span><br><a href="https://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE</u></strong></a><br>After the mid-air blowout and a few other safety concerns on flights across the country, <a href="https://www.foxbusiness.com/category/boeing" target="_blank" rel="noopener">Boeing dealt with</a> the departure of its CEO and slowed production as regulators investigated the company's safety culture.<br><br><i>Reuters contributed to this report.</i></br></br><br><br>Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.<br>We've added you to our mailing list.<br>By clicking subscribe, you agree to the Fox News <a href="https://www.foxnews.com/privacy-policy" target="_blank">Privacy Policy</a> and <a href="https://www.foxnews.com/terms-of-use" target="_blank">Terms of Use</a>, and agree to receive content and promotional communications from Fox News. 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