Layoffs: Boeing Issues Job Cut Notices To Over 400 Employees As Firm Tries To Navigate Financial Issues
4 months ago

Layoffs: Boeing Issues Job Cut Notices To Over 400 Employees As Firm Tries To Navigate Financial Issues

ABP News  

Boeing issued layoff notices to over 400 employees of its professional aerospace labour union as part of its planned job cuts. The manufacturer distributed pink slips last week to members of the Society of Professional Engineering Employees in Aerospace, or SPEEA, The Seattle Times reported. At the time, CEO Kelly Ortberg informed the employees that the company must ‘reset its workforce levels to align with our financial reality’. The local chapter of the union has 17,000 Boeing employees who are majorly based in Washington, while the rest are located in Oregon, Utah, and California.

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Boeing cuts hundreds of jobs in Washington, California amid workforce reduction plan
Trending News
3 months, 1 week ago

Boeing cuts hundreds of jobs in Washington, California amid workforce reduction plan

Live Mint  

Boeing, one of the world's largest aerospace companies, has laid off hundreds of workers in Washington state and California as part of its previously announced plan to cut its workforce by approximately 17,000 jobs, as per Associated Press. Notices filed with state employment agencies showed the first round of cuts impacted about 3,500 people around the country, The Seattle Times …

Boeing lays off hundreds in Washington and California as part of cuts announced previously
3 months, 1 week ago

Boeing lays off hundreds in Washington and California as part of cuts announced previously

Associated Press  

SEATTLE — 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 has said most laid-off employees remain on payroll for …

Boeing lays off 396 more workers in Washington state
3 months, 1 week ago

Boeing lays off 396 more workers in Washington state

China Daily  

FILE PHOTO: A drone view shows Boeing 737 MAX fuselages atop rail cars at a train yard in Seattle, Washington, US, December 5, 2024. SAN FRANCISCO -- Boeing has laid off 396 more workers in the US state of Washington in a second round of job cuts, according to a notice filed Monday with the state's employment security department. That's …

Boeing layoffs: Hundreds in Washington and California face job losses
3 months, 1 week ago

Boeing layoffs: Hundreds in Washington and California face job losses

India Today  

Boeing, one of the world’s largest aerospace companies, has laid off hundreds of workers in Washington state and California as part of a larger plan to reduce its workforce, reported news agency Associated Press. These layoffs are part of Boeing’s efforts to manage financial challenges and align with its operational priorities. While the strike impacted the production of most of …

Boeing lays off hundreds in California as part of planned cuts
3 months, 1 week ago

Boeing lays off hundreds in California as part of planned cuts

LA Times  

Boeing has laid off hundreds of employees in California as part of planned cuts. 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 …

Airbus Layoffs: Firm To Fire Over 2,000 Employees In Defence And Space Division
3 months, 1 week ago

Airbus Layoffs: Firm To Fire Over 2,000 Employees In Defence And Space Division

ABP News  

Airbus Layoffs: Airbus announced that it would eliminate over 2,000 jobs in its Defence and Space division, representing about 5 per cent of the workforce, as it grapples with increased competition from US companies in the satellite sector. Of the 2,043 total job cuts, over half—precisely 1,128 positions—will be in the Space Systems business, which has faced significant losses in …

Boeing to cut over 2,500 workers in US amid financial crisis
3 months, 3 weeks ago

Boeing to cut over 2,500 workers in US amid financial crisis

India Today  

Boeing will lay off more than 2,500 workers in the US states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday by a union official, as part of the debt-heavy US planemaker's plan to cut 17,000 jobs, or 10% of its global workforce. The Society of Professional Engineering Employees in Aerospace said 438 of …

Boeing layoffs so far total nearly 2,200 workers in Washington state
3 months, 3 weeks ago

Boeing layoffs so far total nearly 2,200 workers in Washington state

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Boeing said in a notice …

Boeing issues layoff notices to 400-plus workers as it begins drastic cuts
4 months ago

Boeing issues layoff notices to 400-plus workers as it begins drastic cuts

Associated Press  

SEATTLE — 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 regulatory trouble as well as an eight-week strike by its machinists’ union. The pink slips went out last week to members of the Society of Professional Engineering …

Boeing starts issuing layoff notices to cut 10 percent of its global workforce
4 months ago

Boeing starts issuing layoff notices to cut 10 percent of its global workforce

New Indian Express  

Boeing has started issuing layoff notices starting this week for 17,000 employees or 10 percent of its global workforce, according to Reuters. 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, the report said. The …

Boeing issues layoff notices with 60-day notice period after debt-ridden planemaker trims 10% of global workforce
Trending News
4 months ago

Boeing issues layoff notices with 60-day notice period after debt-ridden planemaker trims 10% of global workforce

Live Mint  

Debt-ridden planemaker Boeing said on Wednesday, November 14, that it is issuing layoff notices to workers impacted by a broader plan to cut 17,000 jobs or 10 per cent of its global workforce, starting this week. According to news agency Reuters, US staff receiving the notices this week will stay on Boeing's payroll until January to comply with federal requirements …

Boeing To Pay Lost Wages To Furloughed Workers, But Layoffs Still On The Cards
4 months, 1 week ago

Boeing To Pay Lost Wages To Furloughed Workers, But Layoffs Still On The Cards

ABP News  

Boeing CEO Kelly Ortberg announced in the week that employees discharged from duty during the strike by factory workers will receive compensation by the company for the lost wages. Ortberg informed on Thursday that employees that were furloughed during the strike, that lasted seven weeks, will be repaid by the firm for the wages they lost during the period, reported …

Messy October jobs report muddied by strikes and storms ahead of Election Day
55 years, 2 months ago

Messy October jobs report muddied by strikes and storms ahead of Election Day

CNN  

A strike sign is seen on display as Boeing workers gather on a picket line near the entrance to a Boeing facility during an ongoing strike on October 24 in Seattle, Washington. What’s known: What’s known: Striking aerospace machinists and hotel workers are expected to reduce the October employment counts by more than 40,000 jobs, according to the BLS’ latest …

Boeing to slash 17,000 jobs - 10% of its workforce - as factory strike enters its fifth week following safety controversies
5 months ago

Boeing to slash 17,000 jobs - 10% of its workforce - as factory strike enters its fifth week following safety controversies

Daily Mail  

Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company's best-selling airline planes. Boeing announced that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in …

Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
5 months ago

Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Boeing plans to lay off …

Boeing will lay off 10% of employees as a strike shuts down airplane production
5 months ago

Boeing will lay off 10% of employees as a strike shuts down airplane production

NPR  

Boeing will lay off 10% of employees as a strike shuts down airplane production toggle caption Lindsey Wasson/AP Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes. Industry analysts …

Boeing to lay off 10% of workforce amid massive strike, financial woes
5 months ago

Boeing to lay off 10% of workforce amid massive strike, financial woes

Salon  

Aircraft giant Boeing will cut 10% of its workforce and slash production in upcoming months amid major financial troubles and an ongoing strike, the company said Friday. “Our business is in a difficult position, and it is hard to overstate the challenges we face together,” Boeing CEO Kelly Ortberg said in a Friday memo to staff obtained by CNN. Ortberg, …

Boeing CEO says the company will begin furloughs soon to save cash during labor strike
5 months, 3 weeks ago

Boeing CEO says the company will begin furloughs soon to save cash during labor strike

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Boeing Puts Hiring On Hold, Considering Layoffs As Workers' Strike Lands Airline In 'Difficult Position'
6 months ago

Boeing Puts Hiring On Hold, Considering Layoffs As Workers' Strike Lands Airline In 'Difficult Position'

ABP News  

Boeing on Monday said that it is putting a hold on recruitment and considering temporary layoffs as the airline tries makes efforts to save cash amidst the ongoing strike by factory workers. The strike by the factory workers began last week, reported Mint. In light of the same, the airline in its memo said that it is adopting these measures …

Striking Boeing factory workers say they are ready to hold out for a better contract
6 months ago

Striking Boeing factory workers say they are ready to hold out for a better contract

Associated Press  

SEATTLE — Blue-collar workers from Boeing walked picket lines in the Pacific Northwest instead of building airplanes on Friday after they overwhelmingly rejected a proposed contract that would have raised their wages by 25% over four years. Shortly after midnight, striking workers stood outside the Boeing factory in Renton, Washington, with signs reading, “Have you seen the damn housing prices?” …

Boeing factory workers go on strike after rejecting contract offer
6 months ago

Boeing factory workers go on strike after rejecting contract offer

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Amazon starts layoffs in India: Over 1,000 employees to be handed pink slips
2 years, 2 months ago

Amazon starts layoffs in India: Over 1,000 employees to be handed pink slips

Live Mint  

As Amazon starts its second round of layoffs, it is expected that over 1000 employees in India will be handed the pink slip, as per a TOI report. The layoffs are likely to happen across various departments, including tech, human resources, and others likely to be handed pink slips. In last week's blog post, Amazon CEO Andy Jassy said that …

United States: About 2,500 Boeing workers to go on strike after rejecting deal
2 years, 7 months ago

United States: About 2,500 Boeing workers to go on strike after rejecting deal

India TV News  

Highlights Roughly 2,500 Boeing workers are expected to go on strike next month. Boeing workers strike: Roughly 2,500 Boeing workers are expected to go on strike next month at three plants in the St. Louis area after they voted Sunday to reject a contract offer from the plane maker. The strike is planned to begin on August 1 at Boeing …

Boeing lays off nearly 7,000 workers
4 years, 9 months ago

Boeing lays off nearly 7,000 workers

CNN  

New York CNN Business — Boeing laid off 6,770 workers Wednesday, part of a plan to reduce 16,000 total jobs because of the rapid decrease in air travel during the Covid-19 pandemic. “We have come to the unfortunate moment of having to start involuntary layoffs,” CEO Dave Calhoun said in a message to employees Wednesday. “I wish there was some …

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