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.
Aerospace firm Boeing, one of the largest employers in the St. Louis region, is laying off more than 100 local workers.
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 ...
Boeing has laid off more than 400 members of its professional aerospace labor union, part of company-wide cuts that will ...
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 ...
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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