Boeing, 777
Boeing to Cut 17,000 Jobs, Delay First 777X Jet as Strike Hits Finances
(Reuters) -U.S. planemaker Boeing will cut 17,000 jobs, or 10% of its global workforce, delay first delivery of its 777X jet by a year and expects substantial new losses in its defense business as a month-long strike batters company finances, CEO Kelly Ortberg said on Friday.
Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production
The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.
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 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 people — in the coming months.
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 will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues
In a memo to employees, Boeing CEO Kelly Ortberg said the company was in a difficult position and taking steps toward restoration.
Boeing cutting 10% of workforce as machinist strike takes toll
Boeing 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
Boeing to Cut 10% of Workers, Delay New Plane
Boeing will cut 10% of its global workforce, or roughly 17,000 jobs, and warned of deeper losses in its operations as a machinist strike compounds problems brewing at the jet maker for years. Along with the job cuts,
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 ...
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.” ...
Boeing to axe 17,000 jobs amid strike and quality concerns
Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the airplane maker deals issues ...
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 ...
Boeing will shed 17,000 jobs as financial woes deepen
Boeing announced Friday that it would cull 10 percent of its workforce — roughly 17,000 jobs — as the embattled aviation ...
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 ...