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Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and ...
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 ...
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 on Friday faced a court hearing in Texas in front of a judge who will decide whether to accept the planemaker's offer to plead guilty to fraud under a deal with the Justice Department.
Boeing this week reported a $6 billion third-quarter loss, one of the largest quarterly losses in the company’s history. Boeing also warned investors that losses will continue for at least ...
Oct. 11—MOSES LAKE — Boeing plans to cut its workforce by about 10%, according to an announcement Friday from CEO Kelly Ortberg. Ortberg did not give a timeline for the job cuts, saying only ...
Striking workers will take at least a 44,000-job bite out of the October jobs report, according to new data released Friday. That’s the biggest monthly employment knock in a year, according to ...
The rub is that Boeing’s quality shortcomings—and heavy dependence on a far-flung network of suppliers—are recurring and deep-seated. The problem isn’t merely that one worker on one ...