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 ...
We are committed to ensuring our employees have support during this challenging time.
SEATTLE — Boeing employees are getting notices this week for company-wide layoffs. The company announced last month it would ...
The layoffs were mostly due to Boeing delaying production on the long-range widebody 777X commercial jet, Adams said. Workers ...
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 is determined to impose the cost of the strike, estimated at over $10 billion, onto the backs of workers themselves.
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