• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Boeing to issue layoff notices to thousands next month, union and source say

by October 14, 2024
written by October 14, 2024

SEATTLE (Reuters) – Boeing (NYSE:BA) will send 60-day notices in mid-November to staff being made redundant as part of a plan announced last week to cut 17,000 jobs at the debt-laden planemaker, an engineering union spokesperson and one industry source said on Monday.

The Worker Adjustment and Retraining Notifications, which give workers 60 days notice prior to ending their employment, will be issued to thousands of employees in Boeing’s commercial aviation division, who will then leave the company in mid-January, a source familiar with the matter told Reuters.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Mexico stocks lower at close of trade; S&P/BMV IPC down 0.69%
next post
Blue Cross Blue Shield settles US health provider class action for $2.8 billion

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

      May 14, 2025
    • Fintech company Chime files for Nasdaq IPO

      May 14, 2025
    • Father and son fraudsters sentenced in case of $100 million New Jersey deli

      May 13, 2025
    • UnitedHealth CEO suddenly steps down for ‘personal reasons’

      May 13, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (459)
    • Stock (6,426)

    Latest News

    • American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
    • Fintech company Chime files for Nasdaq IPO

    Popular News

    • Meta partners with James Cameron’s tech venture to boost mixed reality content
    • Spain stocks lower at close of trade; IBEX 35 down 0.81%

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy