Boeing cutting 17,000 jobs to ‘adjust its workforce' after labor union strike
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Boeing is cutting 17,000 jobs, which is 10% of its workforce, following a labor union strike. This move is part of an effort to adjust its workforce.
November 14, 2024 | 3:15 pm
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Boeing is reducing its workforce by 17,000 jobs, or 10%, following a labor union strike. This significant job cut is part of Boeing's strategy to adjust its workforce.
The job cuts are a direct response to a labor union strike and represent a significant reduction in Boeing's workforce. Such large-scale layoffs can lead to negative sentiment among investors, potentially impacting Boeing's stock price negatively in the short term.
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