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Boeing to Cut 17,000 Jobs, Delay 1st 777X Jet
Boeing to Cut 17,000 Jobs, Delay First 777X Jet as Strike Hits Finances
(Reuters) -U.S. planemaker 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, CEO Kelly Ortberg said on Friday.
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 to lay off roughly 10% of its workforce
The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.”
Boeing, 737 Max
Boeing's lawyers argue for settlement opposed by relatives of those killed in 737 Max crashes
Relatives of passengers who died in Boeing Max crashes have attended a Texas courtroom where their lawyers asked a judge to throw out a plea agreement they say is a sweetheart deal for Boeing
Relatives of Boeing 737 MAX crash victims challenge plea deal in court
Relatives of passengers who died in Boeing Max crashes will tell a judge to throw out a plea agreement that they say is a sweetheart deal for Boeing.
Boeing lawyers face relatives of passengers who died in 737 Max crashes in court
Relatives of some of the 346 people who died in two crashes involving Boeing 737 Max planes are in court Friday, where their lawyers are asking a federal judge to throw out a plea agreement that the aircraft manufacturer struck with federal prosecutors.
Tensions are rising in Boeing strike
Tensions are rising in the Boeing strike after the planemaker filed a complaint against the union
Boeing filed a complaint with the NLRB accusing the IAM union of bargaining in bad faith, after negotiations collapsed this week.
Boeing files NLRB unfair-labor-practice charge against union amid ongoing machinist strike
The union violated its duty to bargain in good faith by engaging in regressive bargaining, surface bargaining, misrepresenting deal terms and negotiation status to its members and the public, and failing to bring representatives to the bargaining table with the authority to reach an agreement,
Boeing Files Unfair Labor Practice Charge Against Striking Union
Boeing said late on Thursday it filed an unfair labor practice charge with the National Labor Relations Board against the union that represents about 33,000 striking U.S. West Coast factory workers. The planemaker said the International Association of Machinists and Aerospace Workers unit representing the workers had failed to bargain in good faith during the four-week work stoppage.
1h
on MSN
Boeing to lay off thousands of workers, warns of quarterly loss and weaker sales
Boeing surprised markets late Friday with news that it plans to cut about 10% of its workforce, and warned investors that it ...
7h
Boeing Will Cut 17,000 Jobs in Bid to Slash Costs
A new chief executive is restructuring the aerospace manufacturer, which has been losing money for several years while ...
7h
on MSN
Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
Boeing is announcing layoffs. The giant aircraft maker said Friday it will lay off about 10% of its workers — about 17,000 ...
10h
Judge scrutinizes Boeing plea deal and will decide case ‘soon’
Boeing and the families of the victims of two fatal 737 Max crashes more than five years ago will have to wait to see what ...
9h
on MSN
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.
9h
on MSN
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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