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Boeing starts issuing layoff notices

Boeing starts issuing layoff notices as planemaker trims 10% of workforce

WASHINGTON (Reuters) -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.S. staff receiving the notices ...

U.S. News & World Report · 7h

Boeing Starts Issuing Layoff Notices as Part of Plan to Cut 17,000 Workers

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.

Bloomberg L.P. on MSN · 13h

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. The company announced ...

Boeing, Southwest Airlines

Bloomberg L.P. on MSN · 6h

Southwest Air Sees Boeing Strike Cutting Into 2025 Deliveries

Southwest Airlines Co. expects the strike by Boeing Co. workers and a lengthy push to boost production to once again limit the number of aircraft it receives next year.

Reuters · 1d

Boeing strike sinks October deliveries to 14 jets

Boeing said on Tuesday it delivered 14 commercial jets in October, less than half of the 34 jets it handed over to customers during the same month in 2023, after a weeks-long strike halted most of its aircraft production.

U.S. News & World Report · 2d

Southwest Is Offering Buyouts to Airport Workers and Blaming Boeing for the Job Cuts

Southwest Airlines is offering buyouts to ground workers at many of its airports, and it's blaming Boeing for the reductions

Spirit Aero to receive up to $350 million in funding

Reuters on MSN · 1d

Spirit Aero to receive up to $350 million in funding from Boeing

By David Shepardson and Allison Lampert (Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.

U.S. News & World Report · 1d

Spirit to Receive up to $350 Million in Advance Payments From Boeing

Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.

The Wall Street Journal on MSN · 1d

Boeing to Pay Spirit AeroSystems Up to $350 Million in Advance

Boeing has agreed to pay Spirit AeroSystems up to $350 million in advance to keep producing products for it as the fuselage supplier works through a liquidity crunch. The jet maker said Tuesday that the advance payments are intended to help Spirit address high levels of inventory and lower operational cash flows.

11hon MSN

Boeing begins a new chapter, resuming 737 Max production and giving $350 million to a troubled supplier

CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...

Reuters8h

Boeing starts issuing layoff notices starting this week

WASHINGTON, Nov 13 (Reuters) - Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted ...

1don MSN

Boeing got the easy part done. Now comes the tougher, existential problems

Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing ...

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 ...

1don MSN

Boeing says it will take several weeks to resume production of planes after the strike

Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a ...

17h

China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus

The ARJ21 is now to be known as the C909. The renaming plays into COMAC's ambition to enter the global market.

What Can Be Learned From Boeing’s Downfall?

Once the soaring leader in the aerospace sector with a stock price of around $430 per share and a market capitalization of ...

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Boeing starts issuing layoff notices

Boeing, Southwest Airlines

Spirit Aero to receive up to $350 million in funding

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