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Boeing plans to cut 10% workforce

Hosted on MSN · 19h

Boeing to cut 17,000 jobs as losses deepen during factory strike

Boeing plans to cut about 10% of its workforce, or about 17,000 people. The manufacturer will also delay the launch of its new 777X wide-body planes until 2026, citing development issues. A factory strike is almost a month old,

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.

Bloomberg on MSN · 13h

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 plea deal in Texas judge’s hands

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.

The Boston Globe · 19h

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.

Reuters on MSN · 21h

US judge scrutinizes Boeing plea deal in fatal crashes

A federal judge on Friday pressed U.S. Justice Department officials to justify the terms of Boeing's agreement to plead guilty to fraud in the wake of two fatal 737 MAX crashes but stopped short of ruling on whether to accept the deal.

2hon 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.” ...

17h

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 ...

KELO Sioux Falls on MSN3h

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 ...

11hon 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 ...

11hon MSN

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 ...

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