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Stock impact report

Boeing Bringing Back Workers, But Not to Build Airplanes [TheStreet.com]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: TheStreet.com
Boeing(BAGet Reportsome 2,500 of its laid-off employees this weekAccording to reports, Boeing is prepping for “a safe and orderly restart of limited operations” at a handful of its Washington state sites as the company works out arrangements with investment banks to secure a financial lifeline following the unprecedented downturn of much of the world’s airline industry.The Seattle Times reported that Boeing will recall some 2,500 of its employees this week to the company’s defense-program units - including the Navy’s P-8 anti-submarine plane built in Renton, and the Air Force KC-46 tanker built in Everett - as well as maintenance operations at Moses Lake in support of the grounded 737 MAX planes stored there.The worker recall comes less than a week after the plane maker and aerospace company announced that a shutdown of its local plants to contain the spread of Covid-19 would be extended indefinitely. Affected employees had to either take vacation or sick leave, or apply for unemploym Show less Read more
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