Boeing issues layoff notices to more than 400 workers as it begins drastic cuts [Fortune]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Fortune
company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its Machinists union. 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 analy
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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