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After Gorging on Stock Buybacks for Years, Boeing Announces Mass Layoffs - Common Dreams
"The corporate cure is always the same—lay off workers," said one critic. "Stock buybacks and layoffs are joined at the hip. It's time they were outlawed entirely."
By: Common Dreams
- Oct 14 2024
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The manufacturing giant Boeing, under the leadership of new CEO Kelly Ortberg, announced Friday that it will axe roughly 10% of its total workforce in the coming months, a move that drew attention to… [+3682 chars]