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SEATTLE (Reuters) -Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with repairing a divided, demoralized, and drifting ...
Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and defense ...
Boeing has lost more than $35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people. For the full year 2024, Boeing logged a loss of $11.8 billion.
By Dan Catchpole. SEATTLE - CEO Kelly Ortberg took over at Boeing knowing that the company was in trouble. Those troubles added up to an $11.8 billion loss last year, the company reported on Tuesday.
(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 ...
Boeing furloughed thousands of salaried employees on a rolling basis after the strike by 33,000 union machinists began in September and halted production of its best-selling 737 MAX.
WASHINGTON (Reuters) - Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Friday including considering temporary furloughs for many ...
A strike by more than 30,000 Boeing workers who build planes in factories on the U.S. west coast stretched into its fourth day on Monday, with company and union negotiators due to resume talks ...