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Boeing delivers layoff notices to 17,000 workers
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 issues layoff notices as aerospace giant cuts 17,000 jobs
"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. CEO
Kelly
Ortberg
, who took over in August, told staff in a memo last month that the job cuts ...
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.
3h
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 ...
7h
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 ...
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
Boeing layoffs weren't just a strike threat
Boeing ( BA) is going ahead with its plan to lay off 10% of its global workforce. Though the company’s machinist strike ended ...
6d
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 ...
13h
Boeing Hands Out Layoff Notices While Setting Up For Its Next Commercial Aircraft Program
Boeing's new CEO outlined that the manufacturer has to be leaner in order to be better prepared for the future.
1d
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 ...
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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