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Leadership

Boeing Factory Where President Trump Cheered Jobs Just Announced Layoffs

By
Tessa Berenson
Tessa Berenson
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By
Tessa Berenson
Tessa Berenson
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June 23, 2017, 8:17 AM ET

A Boeing factory in South Carolina where President Trump went to promote jobs just announced a round of layoffs.

“Our competition is relentless, and that has made clear our need as a company to reduce cost to be more competitive,” Boeing said in a statement, the WashingtonPost reports. The company said it would cut “fewer than 200 people” at its North Charleston locations.

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Trump visited the 787 Dreamliner campus in February to praise the launch of the newest aircraft from Boeing (BA), the Dreamliner 787-10. “We are going to fight for every last American job,” he said at the time. “Jobs is one of the primary reasons I’m standing here as president, and I will never ever disappoint you. Believe me.”

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By Tessa Berenson
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