HR Trends

Boeing reportedly lay off roughly 400 employees in Washington and 500 in California as part of their staff reduction initiative. The aerospace giant is in the process of shrinking its global workforce by 10%, having previously announced plans to cut about 17,000 jobs. As part of this endeavour, the company fired off approximately 400 employees in November, all of whom were members of Boeing’s professional aerospace labour union. Boeing’s commercial, defence, and global services departments have borne the brunt of the layoffs in Washington and California. The company has been coping with a financial problem for some time. Furthermore, employees went on strike for eight weeks, bringing production to a stop. The layoff is unsurprising given that Boeing earlier announced plans to c...

Airbus to cut almost 2,000 jobs in its defence and space sector

LinkedIn cuts 200 positions due to strategic changes