The potential layoffs would start June 28, according to the Alabama Department of Commerce’s WARN List. The layoffs were ...
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 ...
Few companies have lost more than the $32 billion that Boeing has lost in the last five years. And fewer companies could lose that kind of money and not be facing bankruptcy — or worse.
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 ...
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 ...
Boeing declined to say how many of those employees work on the SLS program and did not indicate how many jobs would be cut. Boeing provided a statement to News 19. “Due to external factors ...
“The new CEO is going to have a massive job.” Succession scramble ... which relies entirely on Boeing jets, said earlier this ...
Boeing could begin laying off more than 100 employees at its facility in Birmingham, Ala., state officials warned Friday.
Fitch Ratings downgraded its outlook on Boeing (NYSE:BA) to Negative from Stable on Friday, in the wake of the safety crisis that has hurt the company's production and cash flow. Fitch said its ...
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 ...