Boeing plans to lay off 10 percent of its workforce. AP. Boeing said it burned through $1.3 billion in cash during the quarter and lost $9.97 per share.

Boeing said it plans to cut its workforce by about 10%, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and a worsening cash crunch.. The reductions will ...

Boeing said Friday that it would cut its workforce by 10%, further delay its 777X plane, and discontinue a freighter model as it deals with the financial fallout of an ongoing strike. In a note to ...

33,000 Boeing workers striking for higher wages 02:08. Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees. In a memo on Friday, CEO Kelly Ortberg announced the ...

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. Boeing said the strike ...

Boeing Co. said it plans to cut its workforce by about 10%, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and a worsening cash crunch.

Boeing will lay off 10% of its workforce in the coming months and is cutting its production schedule amid an month-old strike that has impacted the company’s financial position.

Boeing will cut 10% of its global workforce, or about 17,000 jobs, and warned of deeper losses in its operations as a machinist strike compounds problems brewing at the jet maker for years.

Boeing said Friday that it would cut 10% of its 170,000-strong workforce. CEO Kelly Ortberg said the company was in a "difficult position" amid a strike. The planemaker is still dealing with the ...