Southwest Airlines said Thursday it will cut 2,000 jobs and cease operations at four airports, partly to address “significant ...
Boeing shares at last check were up 2.1% to $211.69. Dell traded up 1.3% at $78.76. Boeing eliminated 20,000 jobs companywide last year and said it has plans to reduce headcount by another ...
Financial moves and metrics come first,” was Boeing’s philosophy, he said. It was, he said, “a ruthless effort to cut costs without ... That meant unfinished jobs piled up on aircraft ...
The company announced the job cuts as it reported a loss of $641 million in the first quarter. It earned $2.15 billion ... costs and cut deeply into revenue last year, leading to Boeing’s ...
“The new CEO is going to have a massive job.” Succession scramble ... which relies entirely on Boeing jets, said earlier this ...
Boeing cut corners in production ... that whipsawed Boeing left it fragile and mistake-prone. “A group of jobs were not done properly and the procedures required for that job were not handled ...
Southwest Airlines is cutting service to four airports after citing issues with aircraft manufacturer Boeing. The announcement ... also plans to eliminate 2,000 jobs by the end of the year ...
Images: Zuma Press/Getty Images Composite: Mark Kelly The latest Boeing uproar belies the potted story line. Instead of bringing shame by abandoning the glories of American manufacturing ...
U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a ...
On Wednesday, Moody's cut Boeing's credit rating to one notch above junk status just hours after the company reported it used $3.93 billion of free cash flow in the first quarter. "This rating ...
Southwest Airlines said Thursday it will cut 2,000 jobs and cease operations at four airports, partly to address “significant challenges” caused by delays in Boeing aircraft deliveries, ...