Boeing Cuts 7,000 Jobs

Boeing Cuts 7,000 Jobs

Early Wednesday, October 28th, Boeing announced that they would be cutting 7,000 more jobs due to COVID-19-related downturns in the air industry. This is Boeing’s second major staffing cut in three months: In July, they announced that 19,000 workers were being...
Times Getting Tough for Airplane Manufacturers

Times Getting Tough for Airplane Manufacturers

Pressure to cut costs has caused the world’s two largest airplane makers—Boeing and Airbus—to make an emergency landing. Both companies have done layoffs and are planning to do more amid reduced demands for airplanes and the need to reduce production costs. Boeing...
Whole Foods Cuts 1,500 Jobs

Whole Foods Cuts 1,500 Jobs

Whole Foods is cutting 1,500 jobs in the near future, apparently in response to a changing market. This follows the creation of about 9,000 jobs last year. They claim that they need to reduce prices and increase spending on technology in order to stay competitive....
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