Boeing to cut 10% of workforce, halt most 767 production amid labor union strike
Boeing announced that they will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union strikes.
Boeing says it's cutting 10% of its workforce, or about 17,000 employees
Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees.
Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
The company has about 170,000 employees worldwide, many of them working in manufacturing facilities in the states of Washington and South Carolina.
Boeing to Cut 17,000 Jobs as Financial Woes Deepens Amid Workers' Strike
Arlington: Boeing has announced plans to lay off around 10% of its workforce, affecting approximately 17,000 employees, as the aerospace giant continues to battle financial challenges and ongoing worker's strike.
Boeing To Cut 10% Of Workforce As It Sees Big Q3 Loss
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 to cut 17,000 jobs after they withdrew pay offer to 33,000 US factory workers
Boeing anticipates a significant third-quarter loss of $9.97 per share amid ongoing challenges and a machinist strike.
Boeing will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues
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 fallout of quality-control issues on some of its plane models.
Boeing to cut 17,000 jobs over the coming months, reducing workforce by 10%
The workforce reduction is expected to equal a loss of 17,000 jobs, based on the company's workforce numbers last December. Other changes include delaying the 777X program until 2026, and ending the 767 freighter program in 2027.
Boeing will shed 17,000 jobs as finacial woes deepen
Boeing announced Friday that it would cull 10 percent of its workforce — roughly 17,000 jobs — as the embattled aviation giant grapples with mounting losses and manufacturing disruptions as its machinist strike drags into the fifth week.
Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production
The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.
Instant Reaction: Boeing Cuts Workforce By 10%
Boeing plans to cut its workforce by about 10%, as the planemaker faces a drawn-out strike by workers and a worsening cash crunch. Hosts Matt Miller and Katie Greifeld discuss with Bloomberg Intelligence senior aerospace and airlines analyst George Ferguson.
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Boeing Delays 777X Rollout, Lays Off 10% of Staff as Carriers Wait for Planes
Boeing CEO Kelly Ortberg told employees that the company has to make “tough decisions” during the machinist strike.
Boeing to lay off 10% of workforce
EVERETT, Wash. — Boeing announced Friday it will cut 10% of its workforce and end the 767 freighter program as it grapples ...
Boeing to cut approximately 17,000 jobs over the coming months
Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to ...
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Boeing announces coming job cuts, third-quarter loss
Boeing plans to cut its workforce by about 10%, according to an announcement Friday from CEO Kelly Ortberg. Ortberg did not ...