Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – as it happened Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets The Guardian - UK · Oct 23, 2024
Troubled Boeing Faces Investors And Awaits Strike Vote Boeing will be under a spotlight Wednesday as the beleaguered aviation giant announces what is expected to be its biggest quarterly loss in four years, and striking employees vote on whether to end a costly weeks-long stoppage. International Business Times · Oct 23, 2024
Boeing is expected to report a big Q3 loss, then wait for results of vote by striking workers It's a big day for Boeing The Independent UK · Oct 23, 2024
Boeing delivered just one 737 plane this month—yes, a single plane—as manufacturing remains at a standstill The ongoing strike of Boeing workers has halted production of the manufacturer’s most popular and dependable jet. Fortune · Oct 15, 2024
Boeing lines up $35 billion in liquidity amid strike, layoffs The company could issue $25 billion in shares or debt and also revealed a new $10 billion credit agreement with major lenders. Fortune · Oct 15, 2024
Boeing to Cut 17,000 Jobs Over the Coming Months as Strikes and Safety Crises Impact the Company Boeing's CEO stressed in a memo that "tough decisions" and "structural changes" are essential for recovery. The measure will reach executives, managers, and employees. Latin Times · Oct 12, 2024
Boeing Slashing Workforce By 17,000 Amid Strike Troubled company axing 10 percent of workforce after 33,000 walked off job, halting production of the 737 MAX, 767, and 777 jets International Business Times · Oct 12, 2024
Boeing To Cut 10% Of Workforce As It Sees Big Q3 Loss Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. International Business Times · Oct 12, 2024
Boeing cuts 10% of workforce The aircraft manufacturing giant blamed work stoppages for its spiraling fortunes Salon · Oct 12, 2024
Boeing to lay off 10% of workforce as machinist strike cripples airplane production US aviation giant Boeing plans to lay off about 10 percent of its workers in the coming months, about 17,000 people, as it projected a large third-quarter loss after a nearly month-long strike by 33,000 of its workers slowed production and caused executives to delay delivery of its 777X jet… France 24 · Oct 11, 2024
Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production Boeing is announcing layoffs The Independent UK · Oct 11, 2024
Boeing to slash 10% of workforce, laying off 17,000 employees New Boeing CEO Kelly Ortberg shared the news in a letter with employees Friday afternoon after the company reported losing nearly $10 a share in the third quarter of 2024. Fortune · Oct 11, 2024
Boeing, Striking Union Set To Resume Contract Negotiations Company CEO Kelly Ortberg said a deal with the International Association of Machinists and Aerospace Workers 'stands as a priority for me' International Business Times · Oct 5, 2024
Boeing CEO Faces Backlash In Labor Negotiations Misstep Boeing, led by CEO Kelly Ortberg, faces labor challenges with its union, impacting production. Recent negotiation missteps strain relations. Top News · Sep 25, 2024
Top News · Sep 21, 2024 Boeing's Defense, Space & Security CEO Ted Colbert Departs Boeing's defense unit CEO departure and financial challenges impact company's performance.
Space · Sep 20, 2024 Boeing Space & Defense chief Ted Colbert is leaving: reports Ted Colbert will no longer be CEO of Boeing Defense, Space & Security, according to media reports.
International Business Times · Sep 20, 2024 Boeing CEO Says Ending Strike 'A Top Priority' Ending a strike involving more than 30,000 of Boeing's Seattle-area workers is "a top priority" for the aviation giant, chief executive Kelly Ortberg said in a message to staff Friday.
The Independent UK · Sep 20, 2024 A strike by Boeing factory workers shows no signs of ending after its first week Boeing has started rolling furloughs of nonunion employees as a week-old labor strike by 33,000 union machinists shows no signs of ending
International Business Times · Sep 20, 2024 Strike Shows Challenge To Boeing 'Reset' Of Labor Relations In his first day at Boeing, Kelly Ortberg visited the factory floor to speak with workers on the 737 MAX program, part of the new CEO's effort to "reset" labor relations.
International Business Times · Sep 19, 2024 Boeing To Start Large-scale Furloughs With Seattle Strike Talks Stalled Boeing said Wednesday it would start furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that shuttered Seattle manufacturing plants -- while talks with a union stalled.
The Independent UK · Sep 18, 2024 Boeing CEO says the company will begin furloughs soon to save cash during labor strike Boeing’s CEO says the company will begin laying off a large number of employees to save cash during the strike by union machinists
Fortune · Sep 17, 2024 'A death spiral of its own making': Boeing halts hiring, raises, and non-essential travel after thousands of workers walk off the job No word on whether that means the CEO's private jet is still allowed.
Fortune · Sep 16, 2024 As Boeing's workers strike, CEO Kelly Ortberg may need to pay up Boeing announced cost-cutting measures Monday as rating agencies consider downgrading its debt to junk and the stock falters.
Fortune · Sep 14, 2024 As Boeing's workers strike, its new CEO is facing a formidable opponent with the upper hand The machinists last struck in 2008, emptying Boeing’s Seattle-area plants for 58 days and costing the company a reported $100 million a day.
International Business Times · Sep 13, 2024 Boeing Workers Reject Contract, Vote For Strike; 737 MAX Production In Limbo Thirty thousand workers at Boeing go on strike for wages and benefits, endangering the company's ability to recover from $60 billion in debt and safety concerns.