financetom
Business
financetom
/
Business
/
Boeing gives lay off notices to nearly 700 in Missouri
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing gives lay off notices to nearly 700 in Missouri
Nov 20, 2024 7:30 PM

SEATTLE - Boeing ( BA ) issued lay off notices to 692 workers in Missouri, home to the company's Defense, Space & Security division, according to a federally-required filing posted on Wednesday, as part of the debt-heavy U.S. planemaker's plan to cut 17,000 jobs, or 10% of its global workforce. 

Including these layoffs, the company has issued 60-day notices to at least 3,100 U.S. workers in Washington, Oregon, South Carolina and Missouri, according to filings. Nearly 2,200 layoff notices went to workers in Washington and another 220 in South Carolina, the two states where Boeing ( BA ) builds commercial airliners.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Street Color: Japan Airlines Reportedly Plans to Continue Using Both Boeing, Airbus Aircraft
--Street Color: Japan Airlines Reportedly Plans to Continue Using Both Boeing, Airbus Aircraft
Apr 24, 2024
10:17 AM EDT, 04/24/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 171.24, Change: +2.06, Percent...
Klarna to offer payment services on Uber's platform
Klarna to offer payment services on Uber's platform
Apr 24, 2024
(Reuters) - Sweden's Klarna on Wednesday partnered with Uber Technologies ( UBER ) to offer its payment services across the company's ridesharing and food delivery platforms in a few markets, including the United States. Uber ( UBER ) said last year that it would accept more payment options on its food delivery platform and roll out an artificial intelligence (AI)-powered...
Navient Q1 Core Earnings, Revenue Fall; Shares Drop
Navient Q1 Core Earnings, Revenue Fall; Shares Drop
Apr 24, 2024
10:15 AM EDT, 04/24/2024 (MT Newswires) -- Navient ( NAVI ) reported core Q1 earnings Wednesday of $0.47 per diluted share, down from $1.02 a year earlier. Analysts polled by Capital IQ expected $0.59. Revenue expressed as the sum of net interest income and total other income for the quarter ended March 31 for the student loan servicer was $287...
Masonite International to Sell Architectural Business Segment
Masonite International to Sell Architectural Business Segment
Apr 24, 2024
10:25 AM EDT, 04/24/2024 (MT Newswires) -- Masonite International ( DOOR ) said Wednesday that it has entered into a deal to sell all assets associated with its Architectural segment to subsidiaries of IBP Solutions, a newly formed portfolio company of Industrial Opportunity Partners. The transaction is set to close in Q2, the company said. Financial details were not disclosed....
Copyright 2023-2026 - www.financetom.com All Rights Reserved