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Boeing warns of job losses and cuts spending
Boeing strike tests which side can best withstand financial losses
Away from the bargaining table, the company and its employees face a test of wills over the financial losses they're willing to withstand should the standoff potentially stretch o
Boeing warns of job losses and cuts spending after strike
Boeing is making immediate spending cuts and says it may temporarily lay off staff, as it grapples with a strike by more than 30,000 workers in the US. The cuts include a freeze on hiring, "significant reductions" of spending at suppliers,
Boeing considers temporary layoffs to cut costs during Machinists strike
Boeing announced a series of sweeping cost-cutting moves due to the Machinists strike. It may temporarily lay off some employees and pause taking parts from suppliers.
Boeing To Pay $150 Million To Embraer
Boeing to Pay Embraer $150 Million for Scuttled Combination
Boeing Co. will pay Embraer SA $150 million for its failed combination with the Brazilian aircraft maker, forcing the US company to hand over funds at a time when it’s trying to prop up its balance sheet.
Boeing To Pay $150 Million To Embraer After Failed JV
Embraer S.A. (ERJ) and Boeing Co. (BA) reached an agreement after a long arbitration process that started after Boeing aborted a $4.2
Boeing to pay Embraer $150 million for withdrawal from tie-up talks
Boeing will pay Embraer a gross amount of $150 million over its decision to walk away from talks for a commercial aviation tie-up in 2020, the Brazilian planemaker said on Monday. The deal marks the completion of a lengthy arbitration process that began after the U.
2h
on MSN
Boeing stock hits new low as strike looms, debt heads to junk status
Boeing announced cost-cutting measures Monday as rating agencies consider downgrading its debt to junk and the stock falters.
6h
on MSN
Boeing says it’s considering temporary layoffs to save cash during the strike by machinists
Boeing says it’s considering temporary layoffs to save cash during the strike by machinists. The company told employees ...
12h
on MSN
The strike could cost Boeing more than $1 billion. But that could be the least of its problems
For a company that has lost $33 billion since 2019, a strike that virtually halts production of its major product is the last ...
6h
Strike could cost Boeing $100 million-plus in daily revenue, analysts say
Boeing could lose over $100 million in daily revenue until it reaches a settlement with its union that represents more than ...
9h
Boeing Starts Hiring Freeze, Considers Temporary Furloughs
Boeing Co. said it’s instituting a range of cost-cutting measures as the planemaker faces the prospect of an extensive strike ...
7h
Boeing's CFO says business 'in difficult position': Read memo to employees
Boeing's CFO delivered a sobering update to employees as the machinist strike rages on threatening the near-term future of ...
8h
Boeing strike: bosses bruised, blindsided and on brink of crisis
Boeing, which dominates the global planemaking market with European rival Airbus (AIR.PA), has been wrestling with production ...
4h
FAA Chief to Testify on Sept. 24 on Boeing Quality Turnaround Plan
WASHINGTON (Reuters) - The head of the Federal Aviation Administration will testify on Sept. 24 before the House of ...
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