SEATTLE (AP) — Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its Machinists union. The pink slips went out last week to members…
By David Shepardson WASHINGTON (Reuters) -Boeing CEO Kelly Ortberg said on Thursday that employees furloughed during a seven-week strike by factory workers would be repaid by the company for lost wages, but it would proceed with plans to cut about 10% of its global workforce. Boeing furloughed thousands of salaried employees on a rolling basis…
Good morning! It’s Thursday, October 24, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Tesla Posts Wildly Good Q3 Results We may all have…
By Allison Lampert, David Shepardson (Reuters) -Boeing will cut 17,000 jobs, delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a month-long strike. Boeing CEO Kelly Ortberg said in a message to employees that the company…