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 ...
The potential layoffs would start June 28, according to the Alabama Department of Commerce’s WARN List. The layoffs were ...
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 ...
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.
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 new CEO is going to have a massive job.” Succession scramble ... which relies entirely on Boeing jets, said earlier this ...
US socks soared higher Friday morning after new data showed that US job growth slowed considerably last month.
Boeing could begin laying off more than 100 employees at its facility in Birmingham, Ala., state officials warned Friday.
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 ...