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Boeing announces thousands of layoff notices
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 affects about 17,000 workers.
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.
Employees across Boeing face sweeping layoffs this week
Boeing plans to cut 10% of its workforce. Employees learn their fate Wednesday. Non-frontline workers are targeted, though engineering and production won't be exempt.
9h
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 ...
3h
Boeing Hires Northrop Executive to Take Over Pentagon Projects
(Reuters) - Boeing said on Thursday it hired former Northrop Grumman executive Colin Miller to head its Phantom Works ...
Yahoo
15h
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 ...
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.
7d
Boeing to refund lost pay to employees furloughed during Machinists strike
In a goodwill gesture to
Boeing
employees who were furloughed during the Machinists strike, new CEO
Kelly
Ortberg
on ...
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 ...
17h
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 ...
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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