Boeing will send layoff notices to thousands of its employees within the coming weeks and a senior US official has flown to Seattle to encourage negotiations between the planemaker and the union ...
Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees. In a memo on Friday, CEO Kelly Ortberg announced the layoffs, writing that the aerospace giant must make "tough ...
Factory workers at Boeing have voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the company to restart idled Pacific Northwest assembly lines.
Boeing’s long-term debt has climbed to $53 billion at the end of June from $10.7 billion at the end of March 2019, when a second fatal crash of the 737 Max led to a 20-month grounding of that ...
Boeing might sell part of its defense business, Bloomberg reported Tuesday. Wall Street, and investors, will be interested in ...
The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” “Our business is in a difficult position, and it is hard to ...
Boeing and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a bid to end a costly walkout that has crippled ...
Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the ...
Selling Jeppesen, which Boeing acquired in 2000 for $1.5 billion in cash, would help whittle down the plane-maker's towering debt. The election of Donald Trump will affect trade, technology and ...