Boeing says it plans to cut 10% of global workforce amid strike
Aviation giant Boeing said it plans to cut 10% of its global workforce, or around 17,000 employees, amid a month-old strike that has idled its factories. An S&P Global report estimates the company is losing $1 billion a month from the demonstration.
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Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits financesBoeing CEO tells employees significant downsizing is necessary "to align with our financial reality" after an ongoing strike ...
Boeing has clearly had a turbulent year. From several safety incidents to the Starliner fiasco to bringing in a new CEO amid ...
Tensions are rising between Boeing and the Machinists union after talks between the two parties broke down this week.
Key Takeaways Shares in Boeing continued falling Thursday, after the airplane maker earlier this week withdrew its contract ...
Boeing and the union that represents 33,000 striking employees at the company say talks between the two have broken down and ...
U.S. Transportation Secretary Pete Buttigieg said Thursday it is increasingly important to see a resolution to a four-week ...
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