Boeing Reportedly Considering a 10% Cut to Its Workforce [TheStreet.com]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: TheStreet.com
Boeing(BAGet ReportThe plan could involve buyouts, early retirements and involuntary layoffs, people familiar with the matter told The Wall Street Journal.The cuts from Boeing's workforce largely were expected to come from the aerospace giant's commercial arm, which has been pressured by the crisis in the global airline industry.No decision on cuts was imminent, one of the people briefed on the matter told the Journal, and the potential 10% reduction was among scenarios under consideration.Boeing last week announced voluntary buyout offers for its roughly 160,000 employees as it continues to grapple with the fallout of the coronavirus pandemic on air travel, and the prospect of a long-term halt on new-plane orders.Boeing CEO David Calhoun said the voluntary layoffs offer “aims to reduce the need for other workforce actions.”The airplane maker, still reeling from the prolonged grounding of its 737 MAX following two fatal crashes, earlier this week announced it temporarily will be suspe
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website