Boeing Prepares Layoff Notices for Thousands of Workers as Turmoil Deepens
Boeing will refrain from asking for voluntary departures to limit severance cash and avoid an exodus of skills, sources said, adding the company will rely solely on involuntary layoffs. Rivals are scooping up scarce labor to relieve pressure on aerospace supply chains.
Boeing to issue layoff notices to thousands next month, union and source say
Boeing will send 60-day notices in mid-November to staff being made redundant as part of a plan announced last week to cut 17,000 jobs at the debt-laden planemaker, an engineering union spokesperson and one industry source said on Monday.
The Boeing layoffs announced last week will all be involuntary. And Machinists union members will, for now, not be laid off, ...
A Boeing spokesperson stated that the company had informed managers about plans for a 10 per cent reduction in its commercial unit, affecting union and non-union workers ...
It comes as the company will delay its highly anticipated 777X program timeline until 2026 . Additionally, the manufacturer ...
Boeing says the company will cut executives, managers and workers and the layoffs will delay the debut of some of its new ...
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