• bitcoinBitcoin(BTC)$81,310.000.15%
  • ethereumEthereum(ETH)$2,635.19-0.12%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$763.14-0.49%
  • rippleXRP(XRP)$1.431.73%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$111.21-2.39%
  • tronTRON(TRX)$0.3392850.22%
  • zcashZcash(ZEC)$1,484.640.25%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.00-2.77%
  • HyperliquidHyperliquid(HYPE)$92.390.68%
  • dogecoinDogecoin(DOGE)$0.0893761.65%
  • moneroMonero(XMR)$552.47-1.16%
  • RainRain(RAIN)$0.0138912.53%
  • whitebitWhiteBIT Coin(WBT)$82.97-0.61%
  • USDSUSDS(USDS)$1.00-0.02%
  • chainlinkChainlink(LINK)$12.511.35%
  • cardanoCardano(ADA)$0.2306563.55%
  • leo-tokenLEO Token(LEO)$8.920.42%
  • stellarStellar(XLM)$0.1996823.09%
  • uniswapUniswap(UNI)$8.71-3.42%
  • bitcoin-cashBitcoin Cash(BCH)$254.830.28%
  • Ethena USDeEthena USDe(USDE)$1.00-0.01%
  • nearNEAR Protocol(NEAR)$3.52-5.20%
  • daiDai(DAI)$1.00-0.01%
  • litecoinLitecoin(LTC)$57.911.67%
  • CantonCanton(CC)$0.1114781.25%
  • USD1USD1(USD1)$1.00-0.01%
  • avalanche-2Avalanche(AVAX)$9.7717.93%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.391.68%
  • hedera-hashgraphHedera(HBAR)$0.0820623.83%
  • suiSui(SUI)$0.888.39%
  • MemeCoreMemeCore(M)$1.5112.74%
  • shiba-inuShiba Inu(SHIB)$0.0000062.07%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • BittensorBittensor(TAO)$262.554.63%
  • crypto-com-chainCronos(CRO)$0.059609-0.36%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.03%
  • tether-goldTether Gold(XAUT)$4,373.36-0.12%
  • Circle USYCCircle USYC(USYC)$1.140.00%
  • okbOKB(OKB)$118.311.14%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.00%
  • aaveAave(AAVE)$142.482.72%
  • OndoOndo(ONDO)$0.4293177.75%
  • AsterAster(ASTER)$0.771.83%
  • EthenaEthena(ENA)$0.20471421.68%
  • mantleMantle(MNT)$0.620.35%
  • Pump.funPump.fun(PUMP)$0.004177-5.61%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Boeing to layoff hundreds in Washington as second-round of company cuts continue

December 10, 2024
in Business
Reading Time: 4 mins read
A A
Boeing to layoff hundreds in Washington as second-round of company cuts continue
ShareShareShareShareShare

Boeing is laying off 396 employees at locations in Washington state, Reuters reported on Monday.

The move is part of a 10% global workforce cut that the company announced in October, which is expected to impact approximately 17,000 jobs within Boeing.

YOU MAY ALSO LIKE

California entrepreneur warns billionaire wealth tax could trigger ‘giant sucking sound’ of business exits

Frozen food giant shuts California factory, eliminating 260 jobs

A total of 2,199 Boeing workers in the state of Washington – where its workforce totals more than 60,000 – will be laid off over the next few months, Fox Business reported in November.

Another 200 or so employees will be laid off in Oregon, South Carolina and Missouri during the same timeframe.

According to Boeing, “only a very small number” of employees will lose their jobs in December, “while the majority will exit in mid-January.”

“Eligible employees will receive severance pay, career transition services, and subsidized health care benefits up to 3 months after exiting the company,” the company said previously.

The cuts are coming through layoffs or by not filling vacancies in efforts to revamp the company following a tumultuous year that began in early January when a panel blew out mid-air on an Alaska Airlines flight.


Boeing is laying off 396 employees at locations in Washington state. AP

Most recently, the company was forced to stall production of its strongest-selling 737 MAX jet amid a weeks-long strike on the West Coast.

“As previously announced, we are adjusting our workforce levels to align with our financial reality and a more focused set of priorities. We are committed to ensuring our employees have support during this challenging time,” Boeing previously said to FOX Business.

After the mid-air blowout and a few other safety concerns on flights across the country, Boeing dealt with the departure of its CEO and slowed production as regulators investigated the company’s safety culture.

Reuters contributed to this report.

Credit: Source link

ShareTweetSendSharePin

Related Posts

California entrepreneur warns billionaire wealth tax could trigger ‘giant sucking sound’ of business exits
Business

California entrepreneur warns billionaire wealth tax could trigger ‘giant sucking sound’ of business exits

September 19, 2026
Frozen food giant shuts California factory, eliminating 260 jobs
Business

Frozen food giant shuts California factory, eliminating 260 jobs

September 19, 2026
Paramount, California AG Rob Bonta hold advanced settlement talks: report
Business

Paramount, California AG Rob Bonta hold advanced settlement talks: report

September 18, 2026
Ryanair CEO apologizes for comparing European airline rivals to ‘rapists’ in wild rant
Business

Ryanair CEO apologizes for comparing European airline rivals to ‘rapists’ in wild rant

September 18, 2026
Next Post
Gentrace Secures M Series A to Revolutionize Generative AI Testing

Gentrace Secures $8M Series A to Revolutionize Generative AI Testing

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Ukrainian troops innovate as drone warfare intensifies

Ukrainian troops innovate as drone warfare intensifies

September 17, 2026
Andrea Mitchell recalls first mention of bin Laden on 9/11

Andrea Mitchell recalls first mention of bin Laden on 9/11

September 13, 2026
Russia strikes Kyiv after pause for U.S. envoys’ visit

Russia strikes Kyiv after pause for U.S. envoys’ visit

September 16, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!