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Boeing issues layoff notices
Boeing cutting 17,000 jobs to ‘adjust its workforce’ after labor union strike
The cuts, which come after a labor union strike, equate to 10% of its workforce. “We are adjusting our workforce levels to align with our financial reality and a more focused set of priorities,” Boeing said in a statement to FOX Business.
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,
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced it will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union strikes.
50m
on MSN
Boeing Stock Keeps Dropping. Here’s Why—and How Low It Could Go.
Boeing is starting to show progress in its turnaround plans. So why is the stock still tanking? Shares of the plane maker ...
5h
on MSN
A major Middle Eastern airline is planning a $1 billion plane revamp after Boeing's new jet was delayed again
Etihad's CEO told two outlets it plans to start by upgrading its Boeing jets. He previously said the 777X no longer features ...
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 ...
7h
Boeing's Big News Is Bigger News for These 3 Companies
Boeing's Big News Is Bigger News for These 3 Companies was originally published by The Motley Fool Here's a look at the ...
Reuters
1d
Boeing starts issuing layoff notices starting this week
WASHINGTON, Nov 13 (Reuters) -
Boeing
said on Wednesday it is issuing layoff notices starting this week to workers impacted ...
2d
on MSN
Boeing says it will take several weeks to resume production of planes after the strike
Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a ...
2d
on MSN
Boeing secured its first order after a 7-week strike — 80 737 Max jets
Boeing received its first order after reaching a deal with striking machinists, but it still faces a difficult road ahead.
2d
Boeing strike sinks October deliveries to 14 jets
Boeing said on Tuesday it delivered 14 commercial jets in October, less than half of the 34 jets it handed over to customers ...
1d
What Can Be Learned From Boeing’s Downfall?
Once the soaring leader in the aerospace sector with a stock price of around $430 per share and a market capitalization of almost $240 billion.
2d
Machinists return to work at an unsettled Boeing after 8-week strike
As Boeing's Machinists return after eight weeks on strike, experts predict the work stoppage strained finances for the ...
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