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Boeing issues layoff notices
Boeing starts layoff notices for 17,000 employees; "We will continue forward with our ...," says CEO Kelly Ortberg
Boeing, the aerospace giant, is laying off 10% of its global workforce, approximately 17,000 employees, in a bid to cut costs and streamline operations. CEO Kelly Ortberg attributed the layoffs to financial challenges and the need to enhance competitiveness.
Boeing Starts Issuing Layoff Notices as Planemaker Trims 10% of Workforce
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. U.
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.
29m
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 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.
5d
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.
1h
on MSN
Boeing hires Northrop executive to take over Pentagon projects
(Reuters) - Boeing said on Thursday it hired former Northrop Grumman executive Colin Miller to head its Phantom Works research arm within the company's defense business unit. Miller's hiring as ...
1d
on MSN
Boeing's strike is over. Now, the hard work starts to turn things around.
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
Oregon Business
22h
Boeing Machinists Return to Work After Strike But Uncertainty Remains
In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
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 ...
5d
on MSN
Boeing CEO Takes Step to Heal Broken Culture
One of new Boeing CEO Kelly Ortberg’s most important jobs is improving the plane maker’s employee relations and corporate ...
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