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Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company's workforce by about 17,000. Nearly 400 ...
Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and ...
On October 14, Boeing announced layoffs affecting thousands of workers. [10] On October 31, the union backed a new contract that included a 38% wage increase over four years, plus a choice between a $12,000 ratification bonus or a combination of a $7,000 bonus and a $5,000 401(k) contribution.
Another round is expected in December. Boeing could also use workforce attrition, selective hiring and sales of subsidiaries to reduce workforce. Boeing shares gained 2.6% to close at $143.87 on ...
SEATTLE (AP) — Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company's workforce by about 17,000. Nearly 400 Boeing employees were laid off in Washington state and more than 500 in California, news outlets reported Monday.
Boeing said in a notice filed with Washington's Employment Security Department on Monday that it has so far laid off 2,199 workers in the state, among job cuts that will eventually total about ...
Boeing has lost more than $25 billion since the start of 2019, and burned through $4.3 billion in the second quarter of 2024 alone as it stood poised to post another money-losing year. The strike ...
A labor strike at Boeing showed no signs of ending Friday, as the walkout by 33,000 union machinists entered its eighth day and the company started rolling furloughs of nonunion employees to ...