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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 it will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union strikes.
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
Boeing begins sending layoff notices to cut 10% of workforce
One of our region’s largest employers, Boeing, is starting to send out layoff notices today. Workers who build aircraft are not expected to be cut, according to CEO Kelly Ortberg. Employees in the Machinists Union returned to work Tuesday after a seven-week strike,
2d
23andMe cuts 40% of its workforce
Genetics testing company 23andMe is trimming its headcount by 40%. The company said it is undergoing a restructuring to ...
9h
on MSN
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff that job losses are "inevitable" as it faces a potential deficit of £30m in the next ...
1d
on MSN
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 ...
3h
on MSN
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 ...
Hosted on MSN
4h
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 ...
2d
on MSN
Southwest is offering buyouts to airport workers and blaming Boeing for the job cuts
Southwest Airlines is offering buyouts and extended leaves of absence to airport workers to avoid “overstaffing” which it ...
1d
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 ...
NBC New York
2d
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 ...
16h
AMD announces job cuts, to lay off about 1,000 employees
Advanced Micro Devices (AMD) has announced a reduction of its global workforce by 4%. According to a report by CNBC, the ...
5d
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 ...
7d
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 ...
1d
on MSN
CNN staffers 'deeply frustrated' as looming budget cuts, layoffs set to impact struggling network
Fox News Digital spoke with CNN insiders worried about the looming layoffs and budget cuts that are about to rattle the ...
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