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 cutting 17,000 jobs to ‘adjust its workforce’ after labor union strike
The approximately 17,000 employees included in the cuts were notified this week and are expected to leave the company in mid-January, Boeing said. The cuts, which come after a labor union strike, equate to 10% of its workforce.
A company spokesperson said the move is not related to any possible tariffs that President-elect Donald Trump might impose. Trump had threatened to impose tariffs of 25% to 100% on imports from Mexico ...
The owner of the Dallas Morning News struck a dour headline this week, as one of DFW's largest media companies said ...
The tentative contract signed by the IG Metall union buttresses the ruling circles’ right-wing offensive in the early general ...
Genetics testing company 23andMe is trimming its headcount by 40%. The company said it is undergoing a restructuring to ...
Man Group Plc is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Thousands of jobs have been slashed from the public service, leaving those still with jobs struggling to keep up the same ...
South Africa's metal workers' union said it will go on strike at ArcelorMittal South Africa Ltd on Thursday to protest job ...
Siemens (OTCPK:SIEGY) +5.6% in Frankfurt trading Thursday to a record high after reporting better than expected Q4 results ...
Booking Holdings Inc. is planning organizational changes and job cuts as part of a raft of measures aimed at freeing up ...
Dundee University has told staff that job losses are "inevitable" as it faces a potential deficit of £30m in the next ...
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