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Boeing issues layoff notices
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.
Boeing's turbulent times: Mass layoffs as financial woes deepen
The American aircraft manufacturer Boeing has initiated a procedure for group layoffs. Employees are already receiving notices. These layoffs will affect 17,000 people, which accounts for 10 percent of the company's global workforce.
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.
7h
Boeing names ex-Vanguard CEO Buckley as board member
Boeing board has elected former Vanguard Group CEO Tim Buckley as its newest member, effective Jan. 1, the U.S. planemaker ...
11h
Boeing begins to dig out of its crises, with big stakes for the region
Boeing's new chief executive inherits a long to-do list: restoring customer confidence, employee morale and the company's ...
2h
on MSN
Boeing's 10% drop since Trump's election win 'feels overblown,' Jefferies analyst says
Boeing (NYSE:BA) closed +1.5% on Friday, but the stock's nearly 10% decline since Election Day from fears over U.S.-China ...
Business Insider on MSN
13h
A major Middle Eastern airline is planning a $1 billion plane revamp as the industry grapples with Boeing delays
Etihad's CEO told two outlets it plans to start by upgrading its Boeing jets. He previously said the 777X no longer features ...
5h
As Recalls Multiply, Ford’s Safety Record Draws Comparisons to Boeing
A $165 million fine from the National Highway Traffic Safety Administration for a sluggish recall—one of many in recent years ...
3h
Boeing lays off 111 mechanics in St. Louis, union says
The layoffs were mostly due to Boeing delaying production on the long-range widebody 777X commercial jet, Adams said. Workers ...
9h
on MSN
U.S. industrial output battered for second month by Boeing strike, hurricanes
Industrial production fell 0.3% in October, held down by the Boeing strike and the impact of hurricanes Milton and Helene, ...
2d
on MSN
Boeing begins a new chapter, resuming 737 Max production and giving $350 million to a troubled supplier
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
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