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Stock impact report

Boeing to lay off nearly 700 employees in Missouri [Yahoo! Finance]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Boeing filed the Worker Adjustment and Retraining Notification (WARN) notice on Wednesday. The federal WARN Act requires employers to provide a 60-calendar day notice in advance of covered plant closings or mass layoffs. Affected locations have been identified in Berkeley, Hazelwood, Kansas City, Kingsville, Maryland Heights, O'Fallon, St. Charles, St. Louis City, and St. Ann. “As previously announced, we are adjusting our workforce levels to align with our financial reality and a more focused set of priorities,” a Boeing spokesperson said in a statement to FOX 2 News. “We are committed to ensuring our employees have support during this challenging time.” Close Thanks for signing up! Watch for us in your inbox. Subscribe Now The company said most of the 692 employees to be laid off will leave Boeing in mid-January. The WARN notice gives a layoff date of Jan. 7, 2025. The reductions include attrition and “concentrating backfill for open positions on business-critical pri Show less Read more
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