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Boeing Starts Issuing Layoff Notices Starting This Week
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 layoff notices to begin going out today
Boeing employees will begin receiving layoff notices on Wednesday, according to a timeline that the company confirmed for the cuts. The job cuts will include executives, managers and employees, according to information previously released by the company.
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 engineering and production won't be exempt.
Boeing says it will take several weeks to resume production of planes after the strike
Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a strike that lasted nearly two months.
Boeing Says Plane Production Restart Will Take Weeks
After striking for almost two months, workers will return to factory floors in the Pacific Northwest, but must ensure safety procedures are followed as it begins building 737 jetliners.
Boeing expects post-strike output recovery to take several weeks
Boeing said Tuesday that it delivered 14 aircraft in October, but production will likely take several weeks to return to normal after a worker strike that hit operations at two
Boeing post-strike recovery to take weeks
Boeing said on Tuesday that it delivered 14 aircraft in October, but production will likely take several weeks to return to normal after a worker strike that hit operations at two major assembly plants.
4h
on MSN
Boeing begins a new path forward as it restarts 737 Max production and gives cash to 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 ...
Bloomberg L.P. on MSN
6h
Boeing Faces Risk by Jettisoning Workers 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 ...
1h
Continuing Coverage: Boeing to pay Spirit AeroSystems up to $350M in advance payments
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
19h
What Can Be Learned From Boeing’s Downfall?
Once the soaring leader in the aerospace sector with a stock price of around $430 per share and a market capitalization of ...
1d
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 ...
19h
Spirit Aero gets help from Boeing, Airbus to prop up weak finances
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
7h
on MSN
China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus
The ARJ21 is now to be known as the C909. The renaming plays into COMAC's ambition to enter the global market.
Hosted on MSN
22h
Boeing Stock Is Down Again. Here Are the Reasons Investors Should Pay Attention To.
Boeing
stock slid again Tuesday, but not all the reasons for the drop are good ones. There are a few potential factors ...
1d
Boeing strike sinks October deliveries to 14 jets
Boeing said on Tuesday it delivered 14 commercial jets in October, less than half of the 34 jets it handed over to customers ...
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