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Boeing will delay its 777X plane and cut 10% of workforce
Boeing to Cut 17,000 Workers as Strike Eats Into Reserves
Boeing Co. plans to slash its global workforce by about 10% and announced $5 billion in charges across its commercial airplanes and defense businesses, underscoring the depths of the planemaker’s financial woes amid a crippling labor strike.
Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances
Boeing will cut 17,000 jobs, or 10% of its global workforce, delay first delivery of its 777X jet by a year and expects substantial new losses in its defense business as a month-long strike batters company finances,
Boeing Plans to Lay off 17,000 Amid Strike
As the Boeing factory strike continues, the company plans to lay off a tenth of its workforce. Boeing plans to lay off about 10 percent of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes.
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21h
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
Boeing CEO tells employees significant downsizing is necessary "to align with our financial reality" after an ongoing strike ...
2d
on MSN
Wells Fargo expects Boeing to sell up to to $15 billion in new stock to cover for workers’ strike losses
Boeing has clearly had a turbulent year. From several safety incidents to the Starliner fiasco to bringing in a new CEO amid ...
2d
Push to end Machinists strike stalls as storm clouds gather over Boeing
Tensions are rising between Boeing and the Machinists union after talks between the two parties broke down this week.
2d
on MSN
Watch These Boeing Price Levels as Stock Hits 2-Year Low on Strike Impact Concerns
Key Takeaways Shares in Boeing continued falling Thursday, after the airplane maker earlier this week withdrew its contract ...
2d
US transportation chief says increasingly important to resolve Boeing strike
U.S. Transportation Secretary Pete Buttigieg said Thursday it is increasingly important to see a resolution to a four-week ...
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