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Boeing to cut 10% of workforce

Mashable on MSN · 1m

Boeing to lay off 10 percent of workforce

Boeing President and CEO Kelly Ortberg has announced that the company is reducing its workforce by 10 percent. An ongoing strike by Boeing's biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for the company.

Bloomberg on MSN · 17h

Boeing to Cut Workforce by 10% as Strike Eats Into Reserves

Boeing Co. said it plans to cut its workforce by about 10%, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and a worsening cash crunch.

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 plea deal is now in Texas judge’s hands

The New York Times · 21h

Federal Judge Questions Justice Department on Boeing Guilty Plea

After objections from the families of the victims of the two 737 MAX plane crashes, a federal judge will rule whether to accept a plea agreement reached by the Justice Department and Boeing.

The Boston Globe · 23h

Boeing plea deal is now in Texas judge’s hands after hearing

The fate of Boeing Co.’s plea deal with US prosecutors over the two catastrophic crashes of its 737 Max jets now lies with a federal judge, after lawyers for the besieged planemaker, the government and victims’ family members argued their cases before him.

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 punishment the company will face for its misdeeds that preceded the crashes.

3m

Boeing strikers, aviation experts respond to company's latest moves

The machinists' union strike has now been ongoing for a month. We talk with employees and industry insiders about what the ...

5hon MSN

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.” ...

21hon MSN

Boeing to lay off 17,000 workers, delay 777X rollout amid machinists strike

Boeing will lay off 17,000 workers and delay the introduction of its 777X wide-body plane until 2026, CEO Kelly Ortberg ...

20hon 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 ...

15h

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 ...

23hon 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 ...

KELO Sioux Falls on MSN7h

Boeing announces layoffs

The giant aircraft maker Boeing said Friday it will lay off about 10% of its workers – about 17,000 people – in the coming ...

15hon 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 ...

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