Boeing to cut 10% of workforce
Boeing plans to cut 17,000 jobs globally
Boeing plans to cut 17,000 jobs globally. Boeing's new CEO Kelly Ortberg, who has only been in the post since August, unveiled the changes on Friday. These announcements comes as 33,000 workers have been on strike in Seattle for a month.
Boeing says it's cutting 10% of its workforce, or about 17,000 employees
Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees.
Boeing is cutting 10 percent of its workforce
Boeing will be laying off “roughly” 10 percent of its workforce, president and CEO Kelly Ortberg announced in an email to staff on Friday. That number equates to 17,000 jobs, Reuters reports. The layoffs will take place “over the coming months” and will include “executives,
Boeing to cut 10% of workforce, halt most 767 production amid labor union strike
Boeing announced that they will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union strikes.
Boeing to cut workforce by 10% as strike eats into reserves
The reductions will include executives, managers and employees, Chief Executive Officer Kelly Ortberg said in a memo to employees.
Boeing will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues
In a memo to employees, Boeing CEO Kelly Ortberg said the company was in a difficult position and taking steps toward restoration.
Boeing to lay off 10% of workforce
EVERETT, Wash. — Boeing announced Friday it will cut 10% of its workforce and end the 767 freighter program as it grapples with financial challenges and an ongoing machinists strike.
Boeing Stock Edges Lower After Workforce Cuts
Boeing shares fell about 1.7% in afterhours trading after the company said it would cut 10% of its global workforce and warned of deeper losses in its operations as a machinist strike compounds the problems at the jet maker.
Boeing to cut 10% of workforce as it sees big Q3 loss
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle
Boeing to Cut 17,000 Jobs, Postpone New Plane
Boeing announced Friday that it will eliminate 17,000 jobs—10% of its workforce—as it deals with deepening losses. Machinists are on strike against the company, which already was dealing with damaging safety and manufacturing problems.
Boeing to lay off thousands of workers, warns of quarterly loss and weaker sales
Boeing surprised markets late Friday with news that it plans to cut about 10% of its workforce, and warned investors that it ...
Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
The company has about 170,000 employees worldwide, many of them working in manufacturing facilities in the states of ...
Boeing will shed 17,000 jobs as financial woes deepen
Boeing announced Friday that it would cull 10 percent of its workforce — roughly 17,000 jobs — as the embattled aviation ...
Boeing to cut approximately 17,000 jobs over the coming months
Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to ...
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Boeing to Axe 17,000 Jobs Amid Strike and Quality Concerns
Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with ...
Boeing Announces 10% Workforce Reduction Amidst Ongoing Struggles, Impacting Nearly 17K Employees
Boeing (NYSE:BA) has revealed plans to cut its workforce by about 10%, reportedly equating to approximately 17,000 jobs. What ...
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Boeing To Lay Off Thousands Of Employees, CEO Reveals The Major Decisions
Boeing to lay off about 10% of its workforce globally, the CEO Kelly Ortberg told staff in a memo on Friday. This will impact ...