SEATTLE – Boeing (NYSE: BA) will send 60-day notices in mid-November to staff being made redundant as part of a plan announced last week to cut 17,000 jobs at the debt-laden planemaker, an engineering union spokesperson and one industry source said on Monday.
The Worker Adjustment and Retraining Notifications, which give workers 60 days notice before ending their employment, will be issued to thousands of employees in Boeing’s commercial aviation division, who will then leave the company in mid-January, a source familiar with the matter told Reuters.
(Source: ReutersReuters)
Latest News on Boeing Co (BA) Stock

Mark Glenn is a financial journalist and breaking news reporter for ABBO News. Mark is known for his ability to deliver real-time news updates on market developments, mergers and acquisitions, corporate earnings reports, and regulatory changes, helping investors stay informed and make sound financial decisions. Read Full Bio