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Stock impact report

Boeing announces layoffs for thousands of workers in Oregon, Washington [Yahoo! Finance]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The layoffs include 50 employees in Portland, according to the layoff notice under the Worker Adjustment and Retraining Notification Act. In a letter dated Nov. 15 to Oregon Rapid Response Coordinator Michael Welter, the aerospace giant said “the Boeing Company has made the difficult decision to reduce its workforce. This decision is expected to result in the permanent layoff of approximately 50 employees at the company's Oregon location.” According to the notice, layoffs are expected to begin Jan. 17, 2025, for most employees — noting six of the impacted employees are union-represented. Portland man stabbed with broken bottle at local bar dies The Portland workers are not alone. Boeing also filed a notice with Washington's Employment Security Department on Monday, announcing 2,199 workers were laid off in the state, among a total of 17,000 job cuts companywide, as reported by the Associated Press In October, Boeing announced plans to cut about 10% of its workforce amid str Show less Read more
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