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Boeing layoff notices start Wed.
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.S.
Boeing Starts Issuing Layoff Notices as Part of Plan to Cut 17,000 Workers
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.
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, Southwest Airlines and Job Cuts
Southwest Air Sees Boeing Strike Cutting Into 2025 Deliveries
Southwest Airlines Co. expects the strike by Boeing Co. workers and a lengthy push to boost production to once again limit the number of aircraft it receives next year.
Southwest Offers Buyouts and Blames Boeing for Job Cuts
The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.
Southwest Is Offering Buyouts to Airport Workers and Blaming Boeing for the Job Cuts
Southwest Airlines is offering buyouts to ground workers at many of its airports, and it's blaming Boeing for the reductions
Spirit to Receive up to $350 Million in Advance Payments
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, Boeing is offering help.
Spirit Aero to receive up to $350 million in funding from Boeing
By David Shepardson and Allison Lampert (Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.
Spirit to Receive up to $350 Million in Advance Payments From Boeing
Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.
8h
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 ...
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 ...
Bloomberg L.P. on MSN
9h
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 ...
1d
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 ...
13h
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.
23h
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 ...
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