Close Menu
orrao.com
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
What's Hot

Slow Cooker Boston Butt Recipe (Instant Pot Option)

January 20, 2026

How Gut Microbiome Imbalances Affect the Health Benefits of Your Diet

January 20, 2026

Your Walking Speed Predicts Your Recovery After Hip Surgery

January 20, 2026
Facebook X (Twitter) Instagram
orrao.comorrao.com
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
Subscribe
orrao.com
Home»Business»Boeing issues layoff notices to more than 400 workers
Business

Boeing issues layoff notices to more than 400 workers

November 17, 2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email



Boeing has sent layoff notices to more than 400 members of its professional aerospace union, part of thousands of layoffs the company plans. finance and regulations there are problems eight week strike his Machinists union.

The pink presentations went out last week to members of the Professional Aerospace Engineering Employees Association, or SPEEA. The Seattle Times reported. Employees will remain on the payroll until mid-January.

Boeing announced in October that he planned to cut 10% of the workforce, around 17,000 jobs, in the coming months. CEO Kelly Ortberg told employees that the company “needs to reset its staffing levels to align with our financial reality.”

The Professional Aerospace Engineering Employees Association, or SPEEA union, said the cuts affected 438 members. The union’s local chapter has 17,000 Boeing workers, mostly based in Washington, with some in Oregon, California and Utah.

Of these 438 employees, 218 are members of SPEEA’s professional unit, which includes engineers and scientists. The rest are members of the technical unit, which includes analysts, planners, technicians and skilled traders.

Eligible employees will receive career transition services and subsidized health benefits for up to three months. Employees will also receive severance pay, usually about one week’s pay for each year of service.

Boeing’s union machinists began returning to work earlier this month after a strike.

The strike strained Boeing’s finances. But Ortberg said in an October call with analysts that he was not affected by the layoffs, which he described as a result of employee overreach.

Boeing, based in Arlington, Virginia, has had financial and regulatory problems a the panel blew off the fuselage of an Alaska Airlines plane in January. Production rates slowed and the Federal Aviation Administration limited production of the 737 MAX to 38 planes per month, a threshold Boeing has yet to reach.

How many degrees of separation are you from the world’s most powerful businessmen? Check out who made our new list The 100 most powerful people in the company. Also, learn about the measurements we used to learn.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleChrishell Stause Returns to ‘Selling Sunset,’ Hasn’t Filmed with Nicole Young
Next Article Does Africa need to embrace AI to keep its music centre stage?
Admin
  • Website

Related Posts

Business

Trump administration plans to investigate and maybe cut $4 billion in funding for California high-speed rail

February 21, 2025
Business

Meta approves bonuses of up to 200% of company executives’ salaries a week after laying off 3,600 employees

February 21, 2025
Business

Trump’s Medicare pick Dr. Oz holds millions in companies that he’d oversee if he’s confirmed

February 21, 2025
Add A Comment
Leave A Reply Cancel Reply

Latest News
Israel at War

With her son held hostage in Gaza, one mother turns to pottery to publicize his plight

December 29, 2024
Israel at War

Lebanon’s army rendered a bystander as Israel, Hezbollah fight in country’s south

October 13, 2024
World

Crested cranes: Uganda’s disappearing national bird

February 16, 2025
U.S.

Trump administration tries to bring back fired nuclear weapons workers

February 17, 2025
Entertainment

Davina Potratz Knew Chrishell Stause Wouldn’t Quit ‘Selling Sunset’

December 4, 2024
Health

Prebiotics Influence Gut Bacteria That Raise Brain GABA Levels

September 13, 2025
Categories
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
Most Popular

Why DeepSeek’s AI Model Just Became the Top-Rated App in the U.S.

January 28, 202553 Views

New Music Friday February 14: SZA, Selena Gomez, benny blanco, Sabrina Carpenter, Drake, Jack Harlow and More

February 14, 202515 Views

Why Time ‘Slows’ When You’re in Danger

January 8, 202515 Views

Top Scholar Says Evidence for Special Education Inclusion is ‘Fundamentally Flawed’

January 13, 202512 Views

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox, every month.

Check your inbox or spam folder to confirm your subscription.

  • Home
  • About us
  • Get In Touch
  • Privacy Policy
  • Terms & Conditions
© 2026 All Rights Reserved - Orrao.com

Type above and press Enter to search. Press Esc to cancel.