Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
CEO Kelly Ortberg, who took over in August, told staff in a memo last month that the job cuts would include executives, managers and employees. Boeing CEO Kelly Ortberg took over the aerospace company in August. (Daniel Acker/Bloomberg via Getty Images ...
Boeing cutting 17,000 jobs to ‘adjust its workforce’ after labor union strike
The approximately 17,000 employees included in the cuts were notified this week and are expected to leave the company in mid-January, Boeing said. The cuts, which come after a labor union strike, equate to 10% of its workforce.
A company spokesperson said the move is not related to any possible tariffs that President-elect Donald Trump might impose. Trump had threatened to impose tariffs of 25% to 100% on imports from Mexico ...
Genetics testing company 23andMe is trimming its headcount by 40%. The company said it is undergoing a restructuring to ...
The owner of the Dallas Morning News struck a dour headline this week, as one of DFW's largest media companies said ...
Man Group Plc is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing ...
South Africa's metal workers' union said it will go on strike at ArcelorMittal South Africa Ltd on Thursday to protest job ...
Thousands of jobs have been slashed from the public service, leaving those still with jobs struggling to keep up the same ...
The National Union of Metalworkers of South Africa (Numsa) said in a statement it would picket the company's Vanderbijlpark ...
Booking Holdings Inc. is planning organizational changes and job cuts as part of a raft of measures aimed at freeing up ...
23andMe anticipates the job cuts and other restructuring efforts announced Monday to reduce its operating expenses and ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Siemens (OTCPK:SIEGY) +5.6% in Frankfurt trading Thursday to a record high after reporting better than expected Q4 results ...
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