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Boeing issues layoff notices

Boeing starts issuing layoff notices as planemaker trims 10% of workforce

WASHINGTON, Nov 13 (Reuters) - Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.

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Boeing delivers layoff notices to 17,000 workers amid financial struggles

Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.

Boeing Issues Layoff Notices, Cutting 10% of Global Workforce Amid Financial Struggles

The report stated that Boeing's issuance of the Worker Adjustment and Retraining Notification (WARN) in mid-November had been widely anticipated

AMD Lays Off 1,000 Employees

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Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters

Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% of its staff. The sweeping cut includes at least 129 California workers. AMD finished 2023 with about 26,

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AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia

AMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.

AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia

The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.

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Boeing cutting 17,000 jobs to ‘adjust its workforce’ after labor union strike

The cuts, which come after a labor union strike, equate to 10% of its workforce. “We are adjusting our workforce levels to ...

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Under strain from war, Russia plans a massive layoff in its public sector: report

Russia is expected to lay off at least 40,000 government officials by July, according to a report by the Russian Kommersant ...

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Amazon CEO denies full in-office mandate is 'backdoor layoff'

Amazon CEO Andy Jassy said at an all-hands meeting on Tuesday that the plan to require employees to be in-office five days ...

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Fresh from a layoff bloodbath that cost over 2,500 jobs, Microsoft is already thinking about dropping the big bucks on more acquisitions

The business world stops for no one, I suppose.

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Layoff packages: Turn a bitter end into golden opportunity

Whether it's the launchpad to an exciting new chapter or a safety net to break your fall, a well-handled layoff package can ...

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