News Formal

Boeing Laying Off 17,000 People Following Major Strike, Business Woes

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.

Aircraft manufacturer Boeing has sent about 17,000 layoff notices to employees who are expected to be cut by mid-January, company officials

The thousands of employees to be fired include executives and managers, new CEO Kelly Ortberg told staff in a memo obtained by the outlet. He added that the nature of the situation “requires tough decisions, and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term.”Even though the strike just ended, a Boeing spokesperson told the outlet on Tuesday that it will be several weeks before the company is able to fully resume passenger plane construction.

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:

 /  🏆 610. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Instead of laying off workers, companies should explore shared-work programsWhen your company hits hard times, state programs offer a way to retain top talent and maintain morale by splitting the cost of employment.
Source: PhillyDailyNews - 🏆 89. / 67 Read more »