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What will be the outcome of Boeing's strategic adjustments by end of 2025?
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Resolution / Starting Odds
Successful stabilization • 25%
Partial success • 25%
No significant change • 25%
Further instability • 25%
Boeing's end-of-year financial and strategic reports
Story
Boeing to Lay Off 396 Workers in Washington State, Part of 17,000 Job Reduction
Dec 9, 2024, 04:07 PM
Boeing Co. has announced plans to lay off 396 workers in Washington State as part of its broader restructuring strategy. The layoffs, set to commence on February 21, 2025, were disclosed in a Worker Adjustment and Retraining Notification (WARN) notice. This move is part of a larger initiative announced in October to reduce the company's workforce by 17,000 jobs, which also includes laying off over 100 employees in Florida. CEO Kelly Ortberg has described Boeing as being 'at a crossroads,' citing eroded trust, high debt, and the need for strategic adjustments to stabilize the company's financial situation. Additionally, Boeing has laid off hundreds more SPEEA employees.
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Significant improvement in financial performance • 25%
Moderate improvement in financial performance • 25%
No improvement in financial performance • 25%
Decline in financial performance • 25%
Successful restructuring with improved financials • 25%
Partial success with moderate improvement • 25%
No significant improvement • 25%
Further decline in financial performance • 25%
Successful raise and debt management • 25%
Partial raise, debt management issues • 25%
No significant raise, severe debt issues • 25%
Other outcome • 25%
Increase in profitability • 25%
Decrease in profitability • 25%
No significant change • 25%
Company sold or merged • 25%
Major acquisition • 25%
Significant restructuring • 25%
New product launch • 25%
No major strategic move • 25%
David Calhoun remains CEO • 25%
David Calhoun steps down • 25%
New CEO appointed • 25%
Other leadership changes • 25%
New aircraft model development • 25%
Major acquisition or merger • 25%
Significant divestment • 25%
Other strategic initiative • 25%
Successfully refinanced • 25%
Paid down without refinancing • 25%
Partially refinanced • 25%
Defaulted on debt • 25%
Profit increase • 25%
Profit decrease • 25%
Break-even • 25%
Loss increase • 25%
Less than 10,000 layoffs • 25%
10,000 to 17,000 layoffs • 25%
More than 17,000 layoffs • 25%
Layoffs reversed • 25%
Maintains market position • 25%
Loses market share • 25%
Regains market share • 25%
Other scenario • 25%
New contract agreed • 25%
Workers continue strike • 25%
Mediation/arbitration • 25%
Other resolution • 25%