Boeing to axe 17,000 jobs amid strike and quality concerns
Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the airplane maker deals 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 to cut 17,000 jobs, delay first 777X jet as strike hits finances
Boeing will cut 17,000 jobs, or 10% of its global workforce, delay first delivery of its 777X jet by a year and expects substantial new losses in its defense business as a month-long strike batters company finances,
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 to cut 17,000 jobs as losses deepen during factory strike
Boeing plans to cut about 10% of its workforce, or about 17,000 people. The manufacturer will also delay the launch of its new 777X wide-body planes until 2026, citing development issues. A factory strike is almost a month old,
Boeing to Cut Workforce by 10% as Strike Eats Into Reserves
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 Cut About 10% Of Its Workforce Amid Strike And Financial Struggles
The aerospace company has faced production slumps and a declining stock this year as it now contends with striking workers and a massive workforce reduction.
Boeing cutting 10% of workforce as machinist strike takes toll
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
Boeing to cut 10% of workforce, stop most 767 production amid strike
Boeing will lay off 10% of its workforce in the coming months and is making changes to its production schedule amid the ongoing Machinists strike.
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 slash 10% of workforce, laying off 17,000 employees
New Boeing CEO Kelly Ortberg shared the news in a letter with employees Friday afternoon after the company reported losing nearly $10 a share in the third quarter of 2024.
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. In a in a memo Friday, CEO Kelly Ortberg announced the layoffs, writing that the aerospace giant must make "tough decisions" to stay competitive.
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 ...
Boeing Is Laying Off 17,000 Workers. It Isn’t About the Strike.
Boeing disclosed significant layoff and production decisions as it deals with a strike that has shut down output of some ...
Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
Boeing CEO tells employees significant downsizing is necessary "to align with our financial reality" after an ongoing strike ...
Boeing will lay off 10 percent of its employees as a strike by factory workers cripples airplane production
New CEO Kelly Ortberg told staff in a memo Friday that the job cuts will include executives, managers, and employees.
Wells Fargo expects Boeing to sell up to to $15 billion in new stock to cover for workers’ strike losses
Boeing has clearly had a turbulent year. From several safety incidents to the Starliner fiasco to bringing in a new CEO amid ...
Push to end Machinists strike stalls as storm clouds gather over Boeing
Tensions are rising between Boeing and the Machinists union after talks between the two parties broke down this week.
Watch These Boeing Price Levels as Stock Hits 2-Year Low on Strike Impact Concerns
Key Takeaways Shares in Boeing continued falling Thursday, after the airplane maker earlier this week withdrew its contract ...
US transportation chief says increasingly important to resolve Boeing strike
U.S. Transportation Secretary Pete Buttigieg said Thursday it is increasingly important to see a resolution to a four-week ...