Boeing Faces Risk as It Starts Job Cuts in Tight Labor Market
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.
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 begins issuing layoff notices to workers starting this week, Reuters says
Boeing (BA) has started issuing layoff notices this week to workers impacted by its plan to cut 17,000 jobs, or 10% of its global workforce,
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.
Boeing starts issuing layoff notices to cut 17,000 jobs, 10% of its workforce
Boeing sending out the Worker Adjustment and Retraining Notification (WARN) in mid-November was widely expected
Politifact5h
Nissan’s planned job cuts not related to potential Trump tariffs, company says
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 ...
Man Group Plans Job Cuts as It Reviews Budget, Talent Needs
Man Group Plc is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing ...
New contract for Germany’s metal and electrical industries paves the way for mass layoffs and wage cuts
The tentative contract signed by the IG Metall union buttresses the ruling circles’ right-wing offensive in the early general ...
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Siemens shares power to record high after Q4 profit topper; flags likely job cuts
Siemens (OTCPK:SIEGY) +5.6% in Frankfurt trading Thursday to a record high after reporting better than expected Q4 results ...
South African labour union to strike at ArcelorMittal over job cuts
South Africa's metal workers' union said it will go on strike at ArcelorMittal South Africa Ltd on Thursday to protest job ...
Public servants 'exhausted' after job cuts, more redundancies to come
Thousands of jobs have been slashed from the public service, leaving those still with jobs struggling to keep up the same ...
Retail Week11h
Are job cuts, store closures and inflation really inevitable after Labour’s Budget retail ram raid?
From "disappointing" to "clobbered", the retail backlash to last month's Budget has only grown with every passing day. The ...
NBC New York3d
23andMe cuts 40% of its workforce and discontinues therapeutics division
23andMe anticipates the job cuts and other restructuring efforts announced Monday to reduce its operating expenses and ...
Booking Plans Job Cuts as Part of Raft of Organizational Changes
Booking Holdings Inc. is planning organizational changes and job cuts as part of a raft of measures aimed at freeing up ...
Audi plans thousands of job cuts outside production, report says
German automaker Audi is looking to shrink its workforce in the medium term by cutting jobs outside of production, with ...
The Business Journals1d
Job cuts loom as losses mount at Dallas Morning News
The owner of the Dallas Morning News struck a dour headline this week, as one of DFW's largest media companies said ...