Boeing issues layoff notices to 400-plus workers as it begins drastic cuts [Yahoo! Finance Canada]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance Canada
The pink slips went out last week to members of the Society of Professional Engineering Employees in Aerospace, or SPEEA, The Seattle Times reported . The workers will remain on the payroll through mid-January. Boeing announced in October that it planned to cut 10% of its workforce, about 17,000 jobs, in the coming months. CEO Kelly Ortberg told employees the company must “reset its workforce levels to align with our financial reality.” The Society of Professional Engineering Employees in Aerospace, or SPEEA, union said the cuts had affected 438 members. The union's local chapter has 17,000 Boeing employees who are largely based in Washington, with some in Oregon, California and Utah. Of those 438 workers, 218 are members of SPEEA's professional unit, which includes engineers and scientists. The rest are members of the technical unit, which includes analysts, planners, technicians and skilled tradespeople. Eligible employees will receive career transition services and subsidi
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News
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- Boeing secures $2.38 billion contract for 15 additional U.S. Air Force KC-46A tankers [Yahoo! Finance Canada]Yahoo! Finance Canada
BA
Earnings
- 10/23/24 - Miss
BA
Sec Filings
- 11/19/24 - Form EFFECT
- 11/18/24 - Form 8-K
- 11/18/24 - Form 424B3
- BA's page on the SEC website