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Boeing starts issuing layoff notices
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.
Boeing begins issuing layoff notices to workers starting this week, Reuters says
Boeing (BA) has started issuing layoff notices this week to workers impacted by its plan to cut 17,000 jobs, or 10% of its global workforce,
Boeing begins sending layoff notices to cut 10% of workforce
One of our region’s largest employers, Boeing, is starting to send out layoff notices today. Workers who build aircraft are not expected to be cut, according to CEO Kelly Ortberg. Employees in the Machinists Union returned to work Tuesday after a seven-week strike,
12h
Boeing hires Northrop executive to take over Pentagon projects
Boeing said on Thursday it hired former Northrop Grumman executive Colin Miller to head its Phantom Works research arm within ...
2d
on MSN
Boeing secured its first order after a 7-week strike — 80 737 Max jets
Boeing received its first order after reaching a deal with striking machinists, but it still faces a difficult road ahead.
4d
Why A Boeing Breakup Could Unlock Massive Value And Save The Company
Once a symbol of American engineering, Boeing is today struggling to find ground in a terrain changed under its wings. A ...
DPA International on MSN
1d
Boeing says air cargo traffic to grow 4% annually through 2043
US aircraft manufacturer Boeing projected strong, sustained growth in the global air cargo sector on Tuesday, forecasting an ...
23h
Boeing’s Financial Strain and Debt Challenges Prompt Sell Rating by Analyst Matthew Akers
Analyst Matthew Akers of Wells Fargo maintained a Sell rating on Boeing (BA – Research Report), retaining the price target of $85.00.
2d
on MSN
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 ...
2d
Boeing layoffs weren't just a strike threat
Boeing ( BA) is going ahead with its plan to lay off 10% of its global workforce. Though the company’s machinist strike ended ...
Aviation Week
1d
Boeing Hires Northrop Aeronautics Leader To Run Phantom Works
Boeing announced Nov. 14 it has hired Colin Miller to run its advanced Phantom Works division as the company is stabilizing ...
1d
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.
9d
Boeing factory strike ends as workers vote to accept contract
The work stoppage by 33,000 factory workers at the struggling aerospace giant comes to an end after more than seven weeks.
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