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A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 41 days.
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 ...
(Reuters) -Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union ...
(Reuters) -Boeing said on Tuesday that it had withdrawn its pay offer to around 33,000 U.S. factory workers and no further negotiations were planned with their union representatives as a ...
WASHINGTON (Reuters) -Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% ...
A strike of more than 30,000 Boeing workers who build planes in factories on the U.S. West Coast stretched into its fourth day on Monday, with company and union negotiators due to resume talks ...
SEATTLE (Reuters) -Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with repairing a divided, demoralized, and drifting ...
Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and defense ...