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Boeing to Cut 17,000 Workers
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 axe a tenth of its workers as strike continues
Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with issues across its business. Chief executive Kelly Ortberg said in an email to staff that "executives, managers, and employees'" jobs are all at risk.
Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
Boeing is announcing layoffs. The giant aircraft maker said Friday it will lay off about 10% of its workers — about 17,000 people — in the coming months.
1d
Judge scrutinizes Boeing plea deal and will decide case ‘soon’
Boeing and the families of the victims of two fatal 737 Max crashes more than five years ago will have to wait to see what ...
1d
on MSN
Tensions are rising in the Boeing strike after the planemaker filed a complaint against the union
Boeing filed a complaint with the NLRB accusing the IAM union of bargaining in bad faith, after negotiations collapsed this ...
1d
Boeing's Year of Turbulence in Five Charts
S&P Global estimates Boeing's cash outflow will come to about $10 billion in 2024, assuming that the strike ends in the ...
1d
on MSN
Boeing's lawyers argue for settlement opposed by relatives of those killed in 737 Max crashes
Relatives of passengers who died in Boeing Max crashes have attended a Texas courtroom where their lawyers asked a judge to ...
1d
on MSN
Boeing to lay off thousands of workers, warns of quarterly loss and weaker sales
Boeing surprised markets late Friday with news that it plans to cut about 10% of its workforce, and warned investors that it ...
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9h
Boeing's Legal Battle, Migrant Controversies, and Trump's Bold Campaign Actions: A Compendium of U.S. Domestic Developments
A U.S. judge questions Boeing's plea deal over two fatal crashes. Seattle Hilton workers strike for better conditions. Harris ...
12h
Boeing strikers, aviation experts respond to company's latest moves
The machinists' union strike has now been ongoing for a month. We talk with employees and industry insiders about what the ...
1d
on MSN
FAA Oversight of Boeing Lacks Bite, Government Watchdog Says
A US government watchdog called into question the Federal Aviation Administration’s oversight of Boeing Co., saying the ...
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