In a memo to employees, Boeing CEO Kelly Ortberg said the company was in a difficult position and taking steps toward ...

The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” “Our business is in a difficult position, and it is hard to ...

Boeing will lay off 10% of its workforce in the coming months and cut its commercial jet production amid a month-old strike that has left the company burning through cash as its factories sit idle.

Boeing to cut 10% workforce, delay 777X delivery as strike takes toll. The strike is costing Boeing $1bn a month, making it critical for the firm to end the work stoppage.

Boeing plans to lay off 10 percent of its workforce. AP. Boeing said it burned through $1.3 billion in cash during the quarter and lost $9.97 per share.

Boeing said it plans to cut its workforce by about 10%, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and a worsening cash crunch.. The reductions will ...

Boeing to cut 10% of workforce and end 767F production, while delaying 777X. By Jon Hemmerdinger, Ryan Finnerty and Howard Hardee 2024-10-11T22:48:00+01:00.

Boeing to cut local workforce by up to 15% after huge loss. The company will reduce production of 787s and 777s and very slowly resume work on the 737 Max.

Boeing Co. said it plans to cut its workforce by about 10%, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and a worsening cash crunch.

New York (CNN) — The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” ...