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Boeing is letting top executives work in small offices near their homes and commute by private jet rather than relocate to its new headquarters Orianna Rosa Royle September 12, 2023 at 11:21 AM
In May 2020, the company cut over 12,000 jobs due to the drop in air travel during the COVID-19 pandemic with plans for a total 10% cut of its workforce or approximately 16,000 positions. [24] In July 2020, Boeing reported a loss of $2.4 billion as a result of the pandemic and the Boeing 737 MAX groundings , and that it was in response planning ...
Boeing critics say moving headquarters away from its factories in the Puget Sound area more than 20 years ago underscored the company’s focus on financial results instead of production processes.
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The Boeing Building (formerly known as the Boeing International Headquarters and previously to that as the Morton-Thiokol International Building) is a 36-floor skyscraper located in the Near West Side of Chicago. The building, at 100 North Riverside Plaza, is located on the west side of the Chicago River directly across from the downtown Loop.
Boeing will relocate to Arlington, Va., where it will also create a research and technology hub. The move will bring company executives closer to federal officials. “The region makes strategic ...