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Boeing offers voluntary layoffs

Boeing CEO Dave Calhoun outlined a plan of voluntary layoffs for employees Thursday. As Fred Katayama reports, he also warned that the coronavirus pandemic would have a lasting impact on the global aerospace industry......»»

Category: videoSource: reutersApr 2nd, 2020

Spirit AeroSystems offers voluntary layoffs amid Boeing 737 MAX issues, WBJ says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 6th, 2020

Medium offers employees "voluntary exit" weeks after failed union drive as it abandons yet another business model

Billionaire Twitter co-founder and Medium CEO Ev Williams told employees he wanted to give them an option to "get off this crazy ride." Medium CEO Ev Williams has led the company through multiple pivots - and subsequent rounds of layoffs......»»

Category: worldSource: nytMar 23rd, 2021

Instead Of Firing Everyone, Boeing Offers "Voluntary Buyouts" To Its Entire Workforce Of 161,000

Instead Of Firing Everyone, Boeing Offers "Voluntary Buyouts" To Its Entire Workforce Of 161,000 When Boeing requested a $60 billion bailout from the US government a few weeks ago, the implicit assumption was t.....»»

Category: blogSource: zerohedgeApr 2nd, 2020

Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout

Boeing Co Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pandemic would have a lasting impact on the global aerospace industry......»»

Category: topSource: reutersApr 2nd, 2020

Boeing offers buyouts to employees in response to coronavirus crisis

Aerospace company Boeing said it's launching a voluntary layoff pl.....»»

Category: topSource: usatodayApr 2nd, 2020

Boeing announces voluntary layoffs to cut costs as coronavirus leaves it in "uncharted waters" (BA)

Stephen Brashear/Getty Boeing will offer a voluntary layoff option to employees this month, the company said Thursday.&.....»»

Category: topSource: businessinsiderApr 2nd, 2020

Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout -sources

Boeing Co is set to offer buyout and early retirement packages to employees, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic......»»

Category: topSource: reutersApr 2nd, 2020

Boeing to offer voluntary layoffs to employees amid coronavirus fallout: source

Boeing Co was set to offer employee buyout and early retirement packages, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic......»»

Category: topSource: reutersApr 2nd, 2020

GM offering buyouts to cut North American salaried staff

General Motors Co said on Wednesday it plans to cut its North American salaried workforce, starting with voluntary buyout offers but resorting to layoffs if necessary......»»

Category: topSource: reutersOct 31st, 2018

I"m a financial planner — with layoffs on the rise, I suggest taking another look at your insurance

If you lose your job, you'll have plenty of other things to worry about — taking care of your finances now is a good idea no matter what. The offers and details on this page may have updated or changed since the time of publication. See ou.....»»

Category: topSource: businessinsiderApr 20th, 2024

Trainer jet offers clues how Boeing may build its next-generation passenger plane

The cost sa.....»»

Category: topSource: bizjournalsMay 18th, 2021

Boeing auctions off Renton office furniture, art and exercise equipment

The Chicago-based jet maker is selling thousands of office items as it grapples with close to $20 billion in debt, commercial aircraft production cuts, declining aircraft sales and mass layoffs......»»

Category: topSource: bizjournalsMar 23rd, 2021

: Airbus offers bleak guidance despite topping fourth-quarter earnings estimates

Airbus, the European conglomerate that shares the large-jet market with Boeing, reported fourth-quarter results on Thursday that didn't make inspiring reading......»»

Category: topSource: marketwatchFeb 18th, 2021

Boeing supplier Spirit AeroSystems lays off 1,450 Kansas employees

Spirit AeroSystems Holdings Inc. , a Boeing Co. and Airbus SE supplier, announced late Friday layoffs affecting about 1,450 hourly and salaried employees in its Wichita, Kansas, facilities as demand for commercial aircraft has plunged amid .....»»

Category: topSource: marketwatchMay 1st, 2020

Boeing reveals layoffs amid bailout talk

Boeing still hasn’t publicly revealed whether it will accept a bailout, but the company has announced a sizable round of layoffs due to the coronavirus.... The post Boeing reveals layoffs amid bailo.....»»

Category: blogSource: valuewalkApr 29th, 2020

Boeing’s Quarterly Loss Matters Less to Investors Than 16,000 Layoffs

Boeing posted a wider-than-expected first-quarter loss but beat an estimated free cash flow loss. The company also said it will cut 10% of its global workforce of around 160,000 people......»»

Category: blogSource: 247wallstApr 29th, 2020

Boeing considers potential 10% cut to workforce: WSJ

Boeing Co is considering a plan to cut its workforce by about 10%, which could involve buyouts, early retirements and involuntary layoffs, the Wall Street Journal reported on Thursday......»»

Category: topSource: reutersApr 9th, 2020

As Boeing negotiates bailout with Congress, CEO David Calhoun unveils worker buyouts

Calhoun told Boeing's 161,000 employees what's been obvious to Puget Sound region aerospace suppliers making hundreds of their own layoffs in recent weeks: it will take time for the aerospace industry to recover......»»

Category: topSource: bizjournalsApr 2nd, 2020

GE Aviation Lays Off 50% Of Engine Manufacturing Staff

GE Aviation Lays Off 50% Of Engine Manufacturing Staff Unlike Boeing, which offered all of its 160,000 employees "voluntary buyouts" just so it can still keep its bailout option alive which would certainly be snuffed if the.....»»

Category: blogSource: zerohedgeApr 2nd, 2020

Boeing Makes an Offer Employees Might Not Want to Refuse

Boeing has announced a voluntary layoff for eligible employees but the company did not provide specific details which it said would be coming in three to four weeks......»»

Category: blogSource: 247wallstApr 2nd, 2020