Aviation Industry analyst Scott Hamilton says Boeing is bloated and needs to lose some weight—and that these cuts will be ...
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. The aviation giant ...
On an earnings call late last month, new Boeing CEO Kelly Ortberg said that to “reset priorities and create a leaner, more ...
Boeing is grappling with the aftermath of a 53-day machinist strike that disrupted production across its key aircraft ...
Boeing has delivered fewer than 300 jets this year. The company is estimated to be $50 billion in debt. Layoffs are ...
Boeing will lay off 10% of its workforce, approximately 17,000 employees, in the coming months and cut its production amid an ongoing labor union strike. CEO Kelly Ortberg, who took on the ...
Despite this, the company is moving ahead with plans to reduce its workforce by 10%, cutting roughly 17,000 jobs as part of a ...