Boeing cutting 17,000 jobs from global workforce
American multinational plane maker Boeing is letting go of about 17,000 workers – 10% of its global workforce – amid a strike by about 33,000 U.S. West Coast workers, according to a report. The move is necessary "to align with our financial reality,” said CEO Kelly Ortberg in a message to employees.
In the last week, Boeing has taken two significant efforts to address its ongoing financial crisis amidst an ongoing strike ...
Gautam Mukunda, professor of management at the Yale School of Management, joins 'Squawk Box' to discuss the state of the ...
Boeing CEO Kelly Ortberg wrote in a memo that the aerospace giant is cutting 10% of its 170,000 workforce. A boy was shot and ...
"On the 777X program, the challenges we have faced in development, as well as from the flight test pause and ongoing work ...
Acting U.S. Labor Secretary Julie Su flew to Seattle Monday in hopes of getting striking Boeing machinists and company ...
SEATTLE >> Boeing factory workers held a large rally in Seattle today to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the planemaker ...
Boeing will lay off 10% of its workforce in the coming months and cut its production amid a month-old strike that has left ...
CEO Kelly Ortberg, who took on the role of chief executive last month, emailed all employees on "temporary furloughs" on Wednesday morning. CEO OF BOEING CLOSES ON $4.1M SEATTLE HOME AMID FACTORY ...
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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 ...
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