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A strike by about 33,000 Boeing workers in the Pacific Northwest that started Sept. 13 halted production of those planes and Boeing 737 Max jets. Boeing faces a new FAA review as a key supplier ...
Boeing, however, has reported core operating losses of $39.3 billion since 2019, after two fatal crashes of its 737 Max caused a 20-month grounding of its best selling plane and a losses in almost ...
Things are in dire straits at The Boeing Company. Just ask the 33,000 unionized workers who walked off the job last week after rejecting the latest contract. Or, of course, read the barrage of ...
The auditor said FAA has failed to ensure that Boeing and its suppliers make parts that meet engineering and design requirements and to investigate claims that Boeing puts improper pressure on employees who are authorized to conduct safety inspections. The FAA has closed only 14 of 34 reports of undue pressure, with the others remaining open ...
Safety issues with the Boeing 737 Max and mass employee strikes made for a challenging 2024. 'It's still in shambles': Can Boeing come back from crisis Skip to main content
Boeing stock slid 2% in after-hours trading Friday as the company said it would cut its workforce by 10%, or roughly 17,000 jobs, and delay the first delivery of its 777X jet to 2026 amid an ...
In July 2020, Boeing reported a loss of $2.4 billion as a result of the pandemic and the Boeing 737 MAX groundings, and that it was in response planning to make more job and production cuts. [25] On August 18, 2020, CEO Dave Calhoun announced further job cuts; [ 26 ] on October 28, 2020, nearly 30,000 employees were laid off, as the airplane ...
Boeing announced in October that it planned to cut 10% of its workforce, about 17,000 jobs, in the coming months. Boeing issues layoff notices to 400-plus workers as it begins drastic cuts Skip to ...