Boeing starts issuing layoff notices as planemaker trims 10% of ...
1 day ago · Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.
Boeing expects to burn cash next year as CEO says there's no …
Oct 23 (Reuters) - Boeing (BA.N) CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a "fundamental culture change" at the struggling planemaker as its...
Boeing Starts Issuing Layoff Notices as Planemaker Trims 10% of …
1 day ago · WASHINGTON (Reuters) -Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% ...
Boeing strike ends with new contract, but crisis not over
Andreas Spaeth. 11/05/2024. Boeing's striking workers have approved a new contract proposal, ending a more than 7-week labor stoppage that cost the planemaker billions. Boeing's new CEO now wants ...
Boeing workers vote to reject contract deal, extending strike
Oct 24, 2024 · Ortberg warned on Wednesday there was no quick fix for the ailing planemaker. In a quarterly earnings call, Boeing forecast it would burn cash through 2025. Jefferies analyst Sheila Kahyaoglu...
Boeing prepares layoff notices for thousands of workers as turmoil ...
Oct 15, 2024 · Oct 14 (Reuters) - Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a senior U.S. official flew to Seattle to try to ease a crippling strike and...
3-hour meeting ends with FAA saying Boeing can’t increase Max ... - CNN
May 30, 2024 · Boeing executives presented sweeping changes to the company’s production process and safety systems in a three-hour meeting with the Federal Aviation Administration on Thursday. The plan is ...
Boeing CEO Says Planemaker’s Problems Will Take Time to Fix
Boeing fell 1.5% at the start of regular trading in New York, with investors already prepared for lackluster results after Boeing provided a preview earlier this month. The planemaker recorded $5...
Boeing CEO: time for planemaker to 'focus on rebuilding the …
Nov 1, 2024 · Boeing CEO Kelly Ortberg urged 33,000 striking workers on Friday to vote to accept a new four-year contract deal that includes a 38% pay hike that would end a seven-week work stoppage. "It's time...
Senators want to see major changes at Boeing. The FAA says that …
Sep 25, 2024 · The head of the Federal Aviation Administration warned senators Wednesday that ensuring troubled planemaker Boeing rights its ship will take years — not months — even with the FAA looking over...