As Boeing returns to building jets, it’s also preparing for layoffs. The aerospace giant plans to cut 17,000 employees, about 10 percent of its global workforce.

Boeing is beginning a series of furloughs in response to its largest labor union going on strike, according to a statement released to employees on Wednesday. The strike involves over 33,000 ...

Boeing's new CEO closes on $4.1M home amid labor union strike Boeing CEO Kelly Ortberg moved to Seattle while 33,000 of the company's workers took to the picket line.

Boeing, which has more than 170,000 employees worldwide and 2,348 in Florida, has faced financial pressures in recent years. For the first nine months of fiscal 2024, the company reported $51.28 ...

Boeing has lost more than $25 billion since the start of 2019, and burned through $4.3 billion in the second quarter of 2024 alone as it stood poised to post another money-losing year.

Boeing has lost more than $25 billion since the start of 2019, and burned through $4.3 billion in the second quarter of 2024 alone as it stood poised to post another money-losing year.

Boeing to send pink slips to thousands of workers within weeks as January layoffs loom: report By Taylor Herzlich Published Oct. 15, 2024, 1:10 p.m. ET ...

Boeing previously furloughed employees on a rotating basis during the machinists strike. However, in light of the layoffs, it said it wouldn’t continue with the next cycle of furloughs.

Boeing to cut 10% of workforce, with layoffs impacting 17,000 employees, amid financial restructuring. Stock down 45% YTD, with bearish technical signals showing risk of further declines.

Boeing says it’s considering temporary layoffs to save cash during the strike by machinists By DAVID KOENIG and LINDSEY WASSON Associated Press, Updated September 16, 2024, 6:48 p.m.