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 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 ...
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 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 ...
Several types of Boeing aircraft’s production have been affected as approximately 33,000 unionized workers in the Pacific Northwest have remained on the picket lines. Boeing workers with the ...
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 ...
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 and its largest union said they would continue contract talks on Tuesday, as both sides seek an agreement to end a strike by around 33,000 U.S. West Coast factory workers. The company and ...
Sees Q4 capacity – ASMs – up 1.5%-2.5% versus 2023. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> ...
Striking workers at Boeing will vote next week on a new offer that could end a walkout that has lasted more than a month Boeing and the union representing striking machinists have negotiated a new ...