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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.
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
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, or AMD, is laying off 4% of the company in a slash that will hit at least 129 Bay Area workers. The chipmaker is a key Nvidia rival.
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.
21h
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 ...
2d
on MSN
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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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.
Business Daily Africa
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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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