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Boeing to lay off thousands as strike continues
Boeing Stock Is Falling. Layoffs and Earnings Are Coming as Strike Continues.
The move comes after Boeing announced, on Friday, a huge third-quarter loss and layoffs impacting some 17,000 workers as a labor strike that has paralyzed its production in the Pa
Union Strike, New CEO: Why Boeing's Issues May Only Get Worse for the Stock
Boeing and its new management team have not matched the union demands, causing a pause in production at its factories and a huge cash burn that is draining the company's finances. Here's why this strike is a bad sign for Boeing's business and puts more strain on an already stretched balance sheet.
Expert: Boeing strike to cause layoffs at W. MI suppliers
West Michigan businesses are being affected by a Boeing factory worker strike that is now entering its fifth week. (Oct. 13, 2024)
Boeing Fine-Tunes Job Cuts
Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances
Oct 11 (Reuters) - Boeing will cut 17,000 jobs -- 10% of its global workforce -- delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a month-long strike.
Boeing to cut 17,000 jobs as strike hits finances
Boeing plans to cut 17,000 jobs and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a strike.
Boeing Fine-Tunes Job Cuts as Major Buyer Slams 777X Jet Delay
The image of a Boeing 737 jetliner is seen behind Boeing factory workers and supporters as they gather on a picket line near the entrance to a Boeing production facility in Renton, Washington, U.S. September 15,
3h
on MSN
Boeing factory strike crosses 1-month mark as pressure mounts on new CEO
It’s been just over a month since more than 30,000 Boeing machinists walked off the job after overwhelmingly voting down a ...
4h
Boeing’s Woes Mount, as Debt, Minimal Income, and a Hardening Strike Risk Bankrupting Company
Boeing announces layoffs and aircraft delays to cut costs, even as it continues racking up billions in losses from a ...
1d
on MSN
Boeing strike has already cost the company and workers $5 billion, new analysis shows
The multi-billion-dollar tab highlights the difficulties facing the aircraft maker, once a byword for American quality.
1d
on MSN
Boeing's Labor Strike Enters Week 5: How Bad Could This Get?
Depending on whom you ask, Boeing is losing anywhere from $1 billion per week (says The Washington Post) to $1 billion per ...
3d
on MSN
Tensions are rising in the Boeing strike after the planemaker filed a complaint against the union
Boeing filed a complaint with the NLRB accusing the IAM union of bargaining in bad faith, after negotiations collapsed this ...
7h
on MSN
5 things to know for Oct. 14: Presidential race, Hurricane recovery, Middle East tensions, Space missions, Boeing strike
Here’s what else you need to know to Get Up to Speed and On with Your Day. The latest CNN Poll of Polls average of national ...
1d
Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and tries to deal with a ...
5h
Acting Labor Secretary visits Seattle in bid to end strike at Boeing
U.S. Acting Labor Secretary Julie Su meets with Boeing and striking workers in efforts to bring both sides back to the ...
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