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Boeing to cut 17,000 jobs

Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances

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,

Hosted on MSN · 12h

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 Will Cut About 10% Of Its Workforce Amid Strike And Financial Struggles

The aerospace company has faced production slumps and a declining stock this year as it now contends with striking workers and a massive workforce reduction.

Boeing plea deal is now in Texas judge’s hands

The New York Times · 23h

Federal Judge Questions Justice Department on Boeing Guilty Plea

After objections from the families of the victims of the two 737 MAX plane crashes, a federal judge will rule whether to accept a plea agreement reached by the Justice Department and Boeing.

The Boston Globe · 1d

Boeing plea deal is now in Texas judge’s hands after hearing

The fate of Boeing Co.’s plea deal with US prosecutors over the two catastrophic crashes of its 737 Max jets now lies with a federal judge, after lawyers for the besieged planemaker, the government and victims’ family members argued their cases before him.

Judge scrutinizes Boeing plea deal and will decide case ‘soon’

Boeing and the families of the victims of two fatal 737 Max crashes more than five years ago will have to wait to see what punishment the company will face for its misdeeds that preceded the crashes.

1h

Boeing to axe a tenth of its workers as strike continues

Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with ...

1hon MSN

Boeing to lay off 10 percent of workforce

Boeing President and CEO Kelly Ortberg has announced that the company is reducing its workforce by 10 percent. An ongoing ...

7hon MSN

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.” ...

23hon MSN

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 ...

1h

Boeing strikers, aviation experts respond to company's latest moves

The machinists' union strike has now been ongoing for a month. We talk with employees and industry insiders about what the ...

23hon MSN

Boeing lawyers argue for settlement opposed by families of 737 Max crash victims

Relatives of some of the 346 people who died in two crashes involving Boeing 737 Max planes are in court Friday, where their ...

KELO Sioux Falls on MSN9h

Boeing announces layoffs

The giant aircraft maker Boeing said Friday it will lay off about 10% of its workers – about 17,000 people – in the coming ...

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