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Boeing issues layoff notices
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.
Boeing begins sending layoff notices to cut 10% of workforce
One of our region’s largest employers, Boeing, is starting to send out layoff notices today. Workers who build aircraft are not expected to be cut, according to CEO Kelly Ortberg. Employees in the Machinists Union returned to work Tuesday after a seven-week strike, and Boeing needs to start delivering airplanes again.
Boeing delivers layoff notices to 17,000 workers amid financial struggles
Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.
34m
on MSN
Boeing Stock Sale Was Supposed to Mark the Bottom. How Low Shares Could Go.
Boeing is starting to show progress in its turnaround plans. So why is the stock still tanking? Shares of the plane maker ...
4h
Boeing hires Northrop executive to take over Pentagon projects
Boeing said on Thursday it hired former Northrop Grumman executive Colin Miller to head its Phantom Works research arm within ...
Yahoo
6h
Boeing Stock Keeps Dropping. Here’s Why—and How Low It Could Go.
Shares of the plane maker closed at $139.10 on Wednesday, the first time shares have closed below $140 since October 2022 and ...
1d
on MSN
Boeing announces 10% workforce layoff amid major financial struggles
Boeing announced a significant reduction in its workforce, with 10% of its employees set to receive layoff notices. This move ...
1d
on MSN
Boeing's strike is over. Now, the hard work starts to turn things around.
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
Oregon Business
1d
Boeing Machinists Return to Work After Strike But Uncertainty Remains
In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
6d
on MSN
Boeing CEO announces furloughed employees will be paid back
Boeing CEO Kelly Ortberg announced on Friday that employees who were furloughed during the strike will be repaid.
2d
on MSN
Boeing got the easy part done. Now comes the tougher, existential problems
Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing ...
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