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Boeing Plans 17,000 Job Cuts
Boeing Plans 17,000 Job Cuts as CEO Ortberg Shakes Up Plane Maker
KEY TAKEAWAYS Boeing shares fell Monday after the troubled plane maker announced a slew of cost-cutting measures and billions of dollars of upcoming charges.The measures are among the most radical taken by CEO Kelly Ortberg,
Boeing to cut approximately 17,000 jobs over the coming months
Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to employees on Friday.
Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances
Oct 11 (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. planemaker continues to spiral during a month-long strike.
3d
on MSN
Boeing CEO Kelly Ortberg needs to change the company culture, says Yale's Gautam Mukunda
Gautam Mukunda, professor of management at the Yale School of Management, joins 'Squawk Box' to discuss the state of the ...
17h
Can Boeing Keep Its Balance Amidst The Shifting Winds?
In the last week, Boeing has taken two significant efforts to address its ongoing financial crisis amidst an ongoing strike ...
7d
on MSN
Boeing says it's cutting 10% of its workforce, or about 17,000 employees
Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees.
3d
on MSN
Boeing enters $10 billion credit agreement as striking workers bleed company
Boeing entered the agreement as it fights with striking workers costing the company roughly $1 billion a month.
In Depth
4d
In Depth
Analysis: Boeing’s endless doom loop gives no respite to CEO Ortberg
As Boeing Co. lurches from one crisis to the next, there’s been one constant for the embattled planemaker: Its predicament ...
6d
Kelly Ortberg
Boeing CEO Kelly Ortberg wrote in a memo that the aerospace giant is cutting 10% of its 170,000 workforce. The Oakland County ...
7d
on MSN
Boeing is cutting 10 percent of its workforce
Boeing will be laying off “roughly” 10 percent of its workforce, president and CEO Kelly Ortberg announced in an email to ...
7d
on MSN
Boeing will shed 17,000 jobs as financial woes deepen
Boeing announced Friday that it would cull 10 percent of its workforce — roughly 17,000 jobs — as the embattled aviation ...
3d
on MSN
Emirates really isn't happy with Boeing — and is planning a 'serious conversation' about the latest 777X delay
Emirates is the biggest customer for the Boeing 777X, and its president is not impressed with the latest delay announced by ...
5d
on MSN
Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production
Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and tries to deal with a ...
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