Boeing starts layoff notices for 17,000 employees; "We will continue forward with our ...," says CEO Kelly Ortberg
Boeing is laying off 10% of its workforce, approximately 17,000 employees, in a move to cut costs and improve competitiveness. CEO Kelly Ortberg cited financial challenges and the need for structural changes.
Urgent Action Required: Boeing's Future is at Stake - A Open Letter To Kelly Ortberg, CEO, Boeing
Re: Time to Fix Boeing Before It’s Too Late Once the glory of American invention and a worldwide leader in aerospace, the Boeing Company is today at a turning moment. Being a long-term value generator and supporter of shareholder interests drives me to draw attention to the systematic mistakes endangering Boeing's future.
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.
Boeing starts issuing layoff notices to cut 10 percent of its global workforce
Boeing has started issuing layoff notices starting this week for 17,000 employees or 10 percent of its global workforce, according to 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,
Boeing begins issuing layoff notices to workers starting this week, Reuters says
Boeing (BA) has started issuing layoff notices this week to workers impacted by its plan to cut 17,000 jobs, or 10% of its global workforce,
Boeing Stock Sale Was Supposed to Mark the Bottom. Shares Just Keep Dropping.
Boeing is starting to show progress in its turnaround plans. So why is the stock still tanking? Shares of the plane maker ...
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 ...
Boeing announces 10% workforce layoff amid major financial struggles
Boeing announced a significant reduction in its workforce, with 10% of its employees set to receive layoff notices. This move ...
After Boeing strike, CEO must tackle deep rifts in the company
Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with ...
New York Post24d
Boeing posts staggering $6B loss as CEO calls for ‘fundamental culture change’
Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a “fundamental culture change” at the struggling planemaker as its quarterly losses ...
Boeing CEO announces furloughed employees will be paid back
Boeing CEO Kelly Ortberg announced on Friday that employees who were furloughed during the strike will be repaid.
Stars and Stripes4d
Employees across Boeing face sweeping layoffs this week
(Tribune News Service) — Boeing employees will learn Wednesday who will lose their jobs in mid-January in the round of ...
Yahoo22d
Boeing's new CEO is taking on the ultimate management test
Boeing's still-new CEO, Kelly Ortberg, faces urgent challenges, including a worker strike. Ortberg is trying to change the company's culture while staunching crisis. He is focusing on ...
Boeing to refund lost pay to employees furloughed during Machinists strike
In a goodwill gesture to Boeing employees who were furloughed during the Machinists strike, new CEO Kelly Ortberg on ...