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's 33,000 unionized machinists on Monday voted to approve the plane manufacturer's latest contract offer, ending a seven-week strike that had halted production of most of the company's ...
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 is to cut another 7,000 jobs as its losses mount in the pandemic. The US planemaker, which had already announced deep cuts, said its staff would be down to just 130,000 by the end of next ...
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 ...
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 ...
SEATTLE (Reuters) -Boeing's U.S. West Coast factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a financial ...
Boeing (BA) is about to start the countdown clock on 10% of its workforce losing their jobs. Reuters reports that the company will begin sending 60-day notices to affected employees next month ...
Boeing Co. took a step toward raising as much as $25 billion, funds that would give the troubled planemaker the financial resources to withstand a paralyzing strike and work its way through a ...
Boeing announced layoffs Friday, blaming the cuts on an ongoing strike by its union-represented machinists.The company is letting go of 10% of its workforce, which according to its most recent ...