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Boeing to axe a 10th of its workers
Boeing to axe a tenth of its workers as strike continues
Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with issues across its business. Chief executive Kelly Ortberg said in an email to staff that "executives, managers, and employees'" jobs are all at risk.
Boeing to cut 17,000 jobs as strike continues | Morning in America
Boeing announced on Friday it will cut 10% of its workforce — 17,000 jobs — and delay the first delivery of its 777X jet amid month-long strikes. NewsNation’s Caitlyn Becker has more. #Boeing #Strike
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.
4h
Boeing is laying off 10% of the company — and blaming the machinists' strike
Boeing (BA) announced layoffs Friday, blaming the cuts on an ongoing strike by its union-represented machinists. The company ...
20h
Boeing to cut 10% of workforce, halt most 767 production amid labor union strike
Boeing announced that they will lay off 10% of its workforce in the coming months and cut its production amid an ongoing ...
2d
on MSN
Wells Fargo expects Boeing to sell up to to $15 billion in new stock to cover for workers’ strike losses
Boeing has clearly had a turbulent year. From several safety incidents to the Starliner fiasco to bringing in a new CEO amid ...
2d
Push to end Machinists strike stalls as storm clouds gather over Boeing
Tensions are rising between Boeing and the Machinists union after talks between the two parties broke down this week.
2d
on MSN
Watch These Boeing Price Levels as Stock Hits 2-Year Low on Strike Impact Concerns
Key Takeaways Shares in Boeing continued falling Thursday, after the airplane maker earlier this week withdrew its contract ...
2d
US transportation chief says increasingly important to resolve Boeing strike
U.S. Transportation Secretary Pete Buttigieg said Thursday it is increasingly important to see a resolution to a four-week ...
1d
on MSN
Tensions are rising in the Boeing strike after the planemaker filed a complaint against the union
Boeing filed a complaint with the NLRB accusing the IAM union of bargaining in bad faith, after negotiations collapsed this ...
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