Boeing announces 10% workforce layoff amid major financial struggles
Boeing announced a significant reduction in its workforce, with 10% of its employees set to receive layoff notices. This move affects about 17,000 workers.
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
CEO Kelly Ortberg, who took over in August, told staff in a memo last month that the job cuts would include executives, managers and employees. Boeing CEO Kelly Ortberg took over the aerospace company in August. (Daniel Acker/Bloomberg via Getty Images ...
Boeing delivers layoff notices to 17,000 workers amid financial struggles
Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.
Boeing SC workers are bracing for layoff news this week
Boeing Co. is notifying workers in North Charleston and its other locations this week whether they'll lose their jobs under a broad-based cost-cutting proposal
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.
Boeing layoff notices start Wednesday
Boeing employees will learn if they will have a job in January. I mean, he really does have a point. Sen. Elizabeth Warren (D-Mass.) said Monday that President elect-Trump “and his transition team are already breaking” a law on presidential transition.
Boeing's strike is over. Now, the hard work starts to turn things around.
CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...
Boeing starts layoff notices for 17,000 employees; "We will continue forward with our ...," says CEO Kelly Ortberg
Boeing announced plans this week to lay off approximately 17,000 employees, equating to 10% of its global workforce. The cuts ...
Boeing CEO announces furloughed employees will be paid back
Boeing CEO Kelly Ortberg announced on Friday that employees who were furloughed during the strike will be repaid.
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 ...
After Boeing strike, CEO must tackle deep rifts in the company
Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with ...
Business Insider India1d
Boeing had a tough 24 hours, but with CEO Kelly Ortberg's turnaround plan, analysts remain hopeful
CEO Kelly Ortberg vowed to "return Boeing to its former legacy" and said the company would focus on changing its culture. He was interviewed on CNBC and appeared downbeat as he reiterated his ...
New York Post23d
Boeing posts staggering $6B loss as CEO calls for ‘fundamental culture change’
Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a “fundamental culture change” at the struggling planemaker as its quarterly losses ...
Boeing to refund lost pay to employees furloughed during Machinists strike
In a goodwill gesture to Boeing employees who were furloughed during the Machinists strike, new CEO Kelly Ortberg on ...
Yahoo20d
Boeing's new CEO is taking on the ultimate management test
Boeing's still-new CEO, Kelly Ortberg, faces urgent challenges, including a worker strike. Ortberg is trying to change the company's culture while staunching crisis. He is focusing on ...
Dallas Morning News23d
Boeing’s problems will take time to fix, says CEO
Boeing Co. Chief Executive Officer Kelly Ortberg provided an unvarnished view of his company at a crossroads, absorbed by challenges ranging from huge debt to serious performance lapses that it ...
TravelPulse on MSN6d
Boeing Will Repay Furloughed Workers
In what appears to be a conciliatory gesture to an angry workforce, Boeing CEO Kelly Ortberg said that workers who were ...