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Prominent aircraft maker Boeing has laid off hundreds of employees in its second round of job cuts in the US. Nearly 900 employees took the hit in the country. But they are going to stay
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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
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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
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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
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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
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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
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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
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