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Boeing Faces Risk
Boeing cutting 17,000 jobs to ‘adjust its workforce’ after labor union strike
The cuts, which come after a labor union strike, equate to 10% of its workforce. “We are adjusting our workforce levels to align with our financial reality and a more focused set of priorities,” Boeing said in a statement to FOX Business.
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced it will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union strikes.
Boeing Faces Risk as It Starts Job Cuts in Tight Labor Market
Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.
1h
on MSN
Boeing Stock Keeps Dropping. Here’s Why—and How Low It Could Go.
Boeing is starting to show progress in its turnaround plans. So why is the stock still tanking? Shares of the plane maker ...
19m
on MSN
Boeing Hires Northrop Executive to Revamp Pentagon Projects
Boeing has poached an executive from defense rival Northrop Grumman to run its Phantom Works division, which oversees ...
6h
on MSN
A major Middle Eastern airline is planning a $1 billion plane revamp as the industry grapples with Boeing delays
Etihad's CEO told two outlets it plans to start by upgrading its Boeing jets. He previously said the 777X no longer features ...
7h
Boeing's Big News Is Bigger News for These 3 Companies
Boeing's Big News Is Bigger News for These 3 Companies was originally published by The Motley Fool Here's a look at the ...
2d
on MSN
Boeing got the easy part done. Now comes the tougher, existential problems
Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing ...
Reuters
1d
Boeing starts issuing layoff notices starting this week
WASHINGTON, Nov 13 (Reuters) -
Boeing
said on Wednesday it is issuing layoff notices starting this week to workers impacted ...
2d
Employees across Boeing face sweeping layoffs this week
Boeing plans to cut 10% of its workforce. Employees learn their fate Wednesday. Non-frontline workers are targeted, though ...
2d
on MSN
Boeing secured its first order after a 7-week strike — 80 737 Max jets
Boeing received its first order after reaching a deal with striking machinists, but it still faces a difficult road ahead.
2d
Boeing strike sinks October deliveries to 14 jets
Boeing said on Tuesday it delivered 14 commercial jets in October, less than half of the 34 jets it handed over to customers ...
2d
on MSN
Boeing says it will take several weeks to resume production of planes after the strike
Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a ...
2d
Machinists return to work at an unsettled Boeing after 8-week strike
As Boeing's Machinists return after eight weeks on strike, experts predict the work stoppage strained finances for the ...
Hosted on MSN
12h
Boeing delivers layoff notices to 17,000 workers amid financial struggles
Nov. 13 (UPI) --
Boeing
started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an ...
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