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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 says it plans to cut 10% of global workforce amid strike
Aviation giant Boeing said it plans to cut 10% of its global workforce, or around 17,000 employees, amid a month-old strike that has idled its factories. An S&P Global report estimates the company is losing $1 billion a month from the demonstration.
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
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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5h
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 ...
8h
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 ...
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