Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.
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 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.
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 Faces Risk as It Starts Job Cuts in Tight Labor Market
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
Boeing SC workers are bracing for layoff news this week
Boeing Co. is notifying workers in North Charleston and its other locations this week whether they'll lose their jobs under a broad-based cost-cutting proposal
Employees across Boeing face sweeping layoffs this week
Boeing plans to cut 10% of its workforce. Employees learn their fate Wednesday. Non-frontline workers are targeted, though ...
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 ...
Boeing CEO Kelly Ortberg on $500 billion backlog: This is a story about us getting our act together
Boeing CEO Kelly Ortberg joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the challenges ...
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.
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Boeing said to be exploring sale of some of its space business
Boeing has some 17,000 workers in the St. Louis area, with heavy Defense, Space & Security operations. Boeing CEO Kelly ...
Boeing CEO Kelly Ortberg: We really need to embark on a culture change
Boeing CEO Kelly Ortberg joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the challenges ...
After Boeing strike, CEO must tackle deep rifts in the company
Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with ...
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 ...
Boeing machinists end long strike. Here's what they won in wages, bonuses
Deal locks in historic gains in pay and benefits that are substantially higher than the troubled company offered before the ...
Boeing CEO: time for planemaker to 'focus on rebuilding the business'
Boeing CEO Kelly Ortberg urged 33,000 striking workers on Friday to vote to accept a new four-year contract deal that ...
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Boeing Will Repay Furloughed Workers
In what appears to be a conciliatory gesture to an angry workforce, Boeing CEO Kelly Ortberg said that workers who were ...