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Boeing To Lay Off Over 2K Workers As Part Of Plans To Reduce Workforce By 10%

(Photo by Kevin Dietsch/Getty Images) OAN Staff James Myers8:40am – Tuesday, November 19, 2024 Aerospace giant Boeing will lay off more than 2,000 employees in Washington and Oregon, cutting 17,000 jobs, or 10% of its workforce, as part of a major cost-cutting initiative. advertisement Boeing also reported last week that it notified layoffs to 220 […]

Boeing to lay off over 200 workers from South Carolina plant

Boeing will lay off more than 200 South Carolina-based employees, cutting 17,000 jobs, or 10% of its workforce, as part of a major cost-cutting initiative. The aerospace giant last week notified layoffs to 220 employees who assemble 787 Dreamliner aircraft at its Charleston-based facility. According to WCBD-TV. On Monday, Boeing announced in a notice filed […]

Boeing to lay off roughly 2,200 Washington workers 5 days before Christmas

Video shows flames spewing from the engine of a Hainan Airlines plane that collided with a bird after departing from Rome, Italy. (Credit: Viral Press) Boeing plans to lay off 2,199 employees in Washington state just days before Christmas, with employees in other states affected as well. The airline reportedly notified Washington State of the […]

Boeing Laying Off 17,000 People Following Major Strike, Business Woes

Aircraft manufacturer Boeing has sent layoff notices to approximately 17,000 employees who are scheduled to be cut by mid-January, company officials said. said Fox Business last month. In a statement issued on October 11, Boeing told the media that it was “adjusting workforce levels to align with our financial realities and a more focused set […]

Boeing issues layoff notices as aerospace giant cuts 17,000 jobs

Boeing announced it will issue termination notices to employees included in the aerospace giant's broader layoffs plan. Boeing said the approximately 17,000 employees affected by the layoffs were notified this week and are expected to leave in mid-January. The cuts, which were made in response to a trade union strike, amount to 10% of the […]

Boeing looks to sell space business: report

Keith FitzGerald, president of FitzGerald Group, is looking at the top and bottom stocks before the market opens on Monday. Aerospace giant Boeing is reportedly considering selling part of its space business as it looks at ways to streamline its operations. of The Wall Street Journal reported Boeing is considering selling some of NASA's businesses, […]

Boeing factory workers vote to accept contract and end more than 7-week strike

Boeing Co.'s machine workers union voted Monday to accept a contract offer and end a strike after more than seven weeks, putting the aerospace giant on a path to restarting production of its best-selling airliner and generating much-needed cash. I cut it open. Leaders of the International Association of Machinists and Aerospace Workers district in […]

Boeing offers new deal to end 7-week strike: What to know

Striking Boeing mechanics are scheduled to vote Monday on a new deal that could end a strike that has spanned more than seven weeks. The International Association of Machinists (IAM), which represents approximately 33,000 mechanics, announced A preliminary contract was approved earlier this week. “Your union supports and recommends the latest IAM/Boeing contract proposal. It […]

Boeing machinists vote to end strike after 53 days

Boeing mechanical engineers voted Monday to end a strike that has hobbled the company for the past 53 days. The new contract includes a 38% pay increase over the next four years and a recognition bonus of $12,000. Boeing says the average machinist will earn $119,309 a year at the end of four years, an […]