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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 ...
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 ...
CEO Kelly Ortberg has said the strike did not cause the layoffs, which he said was the result of overstaffing. In November, the company started notifying workers who would be laid off. Notices filed with state employment agencies showed the first round of cuts impacted about 3,500 people around the country, The Seattle Times reported.
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 ...
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 ...