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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.
Layoffs have hit companies from Blue Origin to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and technological change. The list of major companies laying off staff this year ...
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 ...
Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees. In a memo on Friday, CEO Kelly Ortberg announced the layoffs, writing that the aerospace giant must make "tough ...