FILE PHOTO: Signage of The Boeing Company in Seattle, Washington, U.S. June 29, 2020. REUTERS/Karen Ducey
It will be offered to employees in the commercial airplanes and services businesses as well as corporate functions, Chief Executive Officer Dave Calhoun wrote in a note to employees, a copy of which was seen by Reuters. The company doesn’t have a set target at this time and was encouraging all eligible employees interested in the voluntary layoff package to apply, Boeing said in a statement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Boing!!!!
bad timing. hard times ahead for the laid-off employees.
Some how the market will think this is bullish
More families about to enter the no longer augmented, not enough to pay the bills, unemployment insurance benefits line.
CEO and upper management should quit and take a pay cut..
With Boeing representing approx. 1% of U.S. GDP, this will have a ripple effect.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Marriott CEO Arne Sorenson On The Future Of The Hospitality Industry, Masks, And FurloughsArne Sorenson, president and CEO of Marriott International, speaks on the future of the hospitality industry, the importance of mask-wearing for reopening, and layoffs and furloughs in this interview with hospitality and customer service expert Micah Solomon Oi One world order ExactezMoi
Source: Forbes - 🏆 394. / 53 Read more »
Nasdaq CEO Adena Friedman says investors are key in forcing companies to tackle inequalityNasdaq CEO Adena Friedman told CNBC that investors hold an 'enormous amount of influence' when it comes to making companies tackle issues like social injustice and economic inequality. She says the best way to make CEOs focus on inequality in the workforce is for their shareholders to ask for it. How do we tackle extreme Federal reserve interference to save the Presidents reelection bid? Or the propped up stock market? Here is the key to economic equality: 1. Work hard 2. Go to school or get some training in something you love to do 3. Work hard 4. Don’t listen to people who say you are nobody or you won’t be treated fairly because of blah, blah, blah 5. Work hard So, the rich eat themselves?
Source: CNBC - 🏆 12. / 72 Read more »
Former McDonald's CEO calls company's clawback lawsuit 'meritless' and 'misleading'McDonald's former CEO Steve Easterbrook shot back at the fast-food giant's lawsuit against him, calling it 'meritless' and 'misleading.'
Source: CNBC - 🏆 12. / 72 Read more »