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Boeing Begins Layoff Process, Plans to Cut 17,000 Jobs Amid Financial Crisis

Boeing Begins Layoff Process, Plans to Cut 17,000 Jobs Amid Financial Crisis

Boeing has started sending the notice of the layoffs as a way of eliminating 17,000 employees that will be 10% of the company. These measures, designed to develop added operational efficiency and cut expenses, will

Boeing Announces Compensation Plan for Furloughed Employees and Proceeds with Job Cuts

Boeing Announces Compensation Plan for Furloughed Employees and Proceeds with Job Cuts

Kelly Ortberg, the CEO of Boeing declared last week that the company would compensate workers who were dismissed from their jobs during the strike for the money they lost. The CEO did however state that

Boeing Faces Extended Strike as Workers Refuse New Contract Offer

Boeing Faces Extended Strike as Workers Refuse New Contract Offer

After voting down the company's most recent contract offer, the 33,000 Boeing workers will continue their protest. After the six weeks of strike, the manufacturing of the aerospace giant's best-selling jetliners has stopped. Sixty-four percent

Thousands of Jobs at Risk: Boeing Prepares Layoffs as Turmoil Intensifies

Thousands of Jobs at Risk: Boeing Prepares Layoffs as Turmoil Intensifies

Boeing plans to reduce its global workforce by 10%, which amounts to 17,000 jobs cut. Additionally the launch of its 777X jet will be delayed by a year and the company is expected to record

Boeing Furloughs tens of thousands of employees amid labour strike

Boeing Furloughs tens of thousands of employees amid labour strike

Boeing Boeing is a US multinational company. They design, manufacture and sell aerospace, rotorcraft, satellites, rockets, and missiles all around the world. In 2022, based on the revenue Boeing became the fourth largest defence contractor

Boeing Starliner Crisis: NASA Astronauts’ Return Delayed Amid Safety Concerns

Boeing Starliner Crisis: NASA Astronauts’ Return Delayed Amid Safety Concerns

Recently the Boeing Starliner has been at the center of controversy, as NASA astronauts Sunita Williams and Butch Wilmore find their return to earth delayed due to various helium leaks. This situation has further blemished