Boeing to repay lost wages to furloughed employees, proceed with job cuts

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Ortberg said last month he is reviewing Boeing's businesses and long-term forecasts.

The company may end up selling some assets, as it downsizes its workforce to focus on the company's key civil planemaking and core defense units.

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Category: BusinessFinance

Markets: India

Topics: Commercial jetliner Aviation industry Workers strike Aircrafts Freighter fleet Boeing jetliner Boeing factory Boeing

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 10:35:00 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23467522

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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