Boeing starts issuing layoff notices as planemaker trims 10% of workforce
WASHINGTON, Nov 13 (Reuters) - Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.
The cuts, which come after a labor union strike, equate to 10% of its workforce. “We are adjusting our workforce levels to ...
The layoffs were mostly due to Boeing delaying production on the long-range widebody 777X commercial jet, Adams said. Workers ...
As of Thursday evening, Boeing had sent layoff notices to 438 union members of the Society of Professional Engineering Employees in Aerospace. The union's local chapter has 17,000 Boeing employees who ...
Stock down 45% YTD, with bearish technical signals showing risk of further declines. Boeing Co BA is issuing layoff notices to 17,000 employees as part of a broader effort to rightsize its ...
Boeing has laid off more than 400 members of its professional aerospace labor union, part of company-wide cuts that will ...
We are committed to ensuring our employees have support during this challenging time.
Boeing is determined to impose the cost of the strike, estimated at over $10 billion, onto the backs of workers themselves.
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