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Boeing to Cut 17,000 Workers
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 month (says CNBC) as this strike drags on. Prior guesses have ranged as high as $100 million to $150 million per day (which works out to $3 billion to $4.5 billion per month).
Boeing to Cut 17,000 Workers 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 says it plans to cut 10% of global workforce amid strike
Aviation giant Boeing said it plans to cut 10% of its global workforce, or around 17,000 employees, amid a month-old strike that has idled its factories. An S&P Global report estimates the company is losing $1 billion a month from the demonstration.
6h
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.
6h
on MSN
Boeing Plane Deliveries Plummet, and This Strike Isn't Helping
Demand for commercial airplanes fell sharply in 2024, posing a bigger problem for Boeing than even a 25% drop in deliveries.
1d
Boeing says it will lay off 10% of its employees as a strike by factory workers cripples airplane production
ARLINGTON, Va. -- Boeing says it will lay off 10% of its employees as a strike by factory workers cripples airplane ...
2h
on MSN
Boeing's terrible, horrible, no good, very bad year
Boeing has faced mechanical problems, safety problems, grounded planes, stranded astronauts, executive departures, a strike, ...
The Taipei Times
3h
Boeing strike has limited impact on China Airlines
The ongoing strike at Boeing Co has had only a minor impact on China Airlines Ltd (CAL, 中華航空), although the delivery of a new ...
devdiscourse
7h
Judicial Drama Over Boeing Deal, Workers Strike Seattle Hilton Hotels, Trump Ramps Up Anti-Immigrant Rhetoric
A U.S. judge questions Boeing's plea deal over 737 MAX crashes, Seattle Hilton hotel staff strike for better wages and ...
2d
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 ...
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