Boeing cutting 17,000 jobs as financial losses deepen
The decision comes nearly a month after workers with the International Association of Machinists and Aerospace Workers District 751 went on strike.
Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances
Boeing will cut 17,000 jobs -- 10% of its global workforce -- delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a month-long strike.
Boeing to cut 17,000 jobs amid strikes and plane safety issues
Boeing plans to cut 17,000 jobs – a 10th of its workforce – as it battles an ongoing strike and plane safety issues. Executives and managers will be among those axed, the aircraft manufacturer’s new chief executive Kelly Ortberg told staff in a memo yesterday.
Boeing says it's cutting 10% of its workforce, or about 17,000 employees
Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees.
Boeing to lay off 17,000 employees to 'stay competitive'
In a message to employees, Boeing President and CEO Kelly Ortberg has announced that the company is reducing the size of its total workforce by 10 percent. That means Boeing is cutting roughly 17,000 jobs,
Boeing to Cut Workforce by 10% as Strike Eats Into Reserves
Boeing Co. plans to slash its global workforce by about 10% and announced $5 billion in charges across its commercial airplanes and defense businesses, underscoring the depths of the planemaker’s financial woes amid a crippling labor strike.
Boeing to lay off roughly 10% of its workforce
Kelly Ortberg
Boeing CEO Kelly Ortberg wrote in a memo that the aerospace giant is cutting 10% of its 170,000 workforce. The Oakland County ...
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 ...
Mountlake Terrace News22h
Boeing to cut 17,000 workers
“We need to be clear-eyed about the work we face and realistic about the time it will take to achieve key milestones on the ...
Wall Street Journal1mon
Boeing CEO Kelly Ortberg Pleads With Union Not to Strike
Boeing’sBA0.89%increase; green up pointing triangle new boss, Kelly Ortberg, urged union members not to go on a strike that would halt most of its airplane production and further upend the ...
Seattle Times29d
Boeing CEO Kelly Ortberg buys a home in Seattle
Boeing CEO Kelly Ortberg closed on a house in Seattle’s Broadmoor neighborhood earlier this week, about a month after he stepped into the role and in the midst of a labor crisis. When Boeing ...
Benzinga.com23d
Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms
our business faces substantial challenges and it is important that we take difficult steps to preserve cash and ensure that Boeing is able to successfully recover," Ortberg stated. The strike ...
Aviation giant Boeing to cut 10 pc of its workforce amid rough path ahead
Aviation giant Boeing is laying off nearly 10 per cent of its workforce, around 17,000 jobs, as it makes structural changes ...
news24online17h
Boeing To Lay Off Thousands Of Employees, CEO Reveals The Major Decisions
Boeing to lay off about 10% of its workforce globally, the CEO Kelly Ortberg told staff in a memo on Friday. This will impact ...