The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” “Our business is in a difficult position, and it is hard to ...
Boeing will lay off 10% of its workforce in the coming months and cut its commercial jet production amid a month-old strike that has left the company burning through cash as its factories sit idle.
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 must ...
United States-based plane maker Boeing will cut 17,000 jobs, or 10 percent of its global workforce, delay first delivery of its 777X jet by a year and announced substantial new losses in its ...
Boeing has already braced investors for a rough quarterly report. Now, new CEO Kelly Ortberg has the chance to share his ...
Top airline manufacturer Boeing dissolved its global diversity, equity, and inclusion (DEI) division amid significant ...
As machinists Wednesday prepare to vote to end a months-long strike, Boeing CEO Kelly Ortberg told employees the company is ...
The top three credit rating agencies - S&P, Moody's and Fitch - have said they will cut Boeing's ratings to junk if it raised ...
Sara Liang Bowen, who was a vice president in the department, announced earlier in the day on LinkedIn that she had left the ...
Earlier this month, Boeing said it would cut 10% of its workforce — about 17,000 employees company-wide — as it looked for ...
Boeing on Monday initiated a stock offering that could potentially raise up to $19 billion, aiming to bolster the ...
The move comes as striking Machinists rejected a contract offer last week and company plans to cut the workforce by 10%.