Boeing starts issuing layoff notices starting this week
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Boeing is issuing layoff notices this week as part of a plan to cut 17,000 jobs, or 10% of its global workforce, due to financial challenges.
November 13, 2024 | 4:45 pm
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Boeing is starting to issue layoff notices as part of a plan to reduce its workforce by 17,000 jobs, or 10% of its global workforce, due to financial difficulties.
The announcement of significant layoffs indicates financial strain, which could negatively impact investor sentiment and lead to a short-term decline in Boeing's stock price.
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