Boeing issues layoff notices to 400-plus workers as it begins drastic cuts

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Boeing has delivered layoff notices to more than 400 members of its professional aerospace labour 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 of the Society of Professional Engineering Employees in Aerospace, or SPEEA, The Seattle Times reported.

The Society of Professional Engineering Employees in Aerospace, or SPEEA, union said the cuts had affected 438 members.

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Category: BusinessFinance

Markets: India

Topics: Boeing Boeing work force Boeing job cuts Boeing pink slip Pink slip Boeing layoff

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 07:40:59 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 371 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23622659

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