Boeing announced a significant reduction in its workforce, with 10% of its employees set to receive layoff notices. This move ...
A new contract offer by Boeing on Thursday won the endorsement of union leaders, who told their 33,000 members that after a seven-week walkout, it’s time to “lock in these gain and confidently ...
and many of those jobs are in Washington. "We build the world's best airplanes," said Johnson. The business leaders' letter also pointed out reduced wages of others outside of Boeing, writing ...
its new cash balance plans will be funded solely through use of its $3.6 billion surplus in pension assets. Boeing’s pension finances aren’t in as good shape as IBM’s but they’re in much ...
His approach represents a shift from his predecessor Calhoun, who was criticized for spending more time in New Hampshire and South Carolina than in Boeing’s factories in Washington state.
Boeing is exploring a possible sale of its space business as its new CEO seeks to improve the embattled company's financial position, the Wall Street Journal reported Friday. The company is ...
“Clearly, our core of commercial airplanes and defense systems are going to stay with the Boeing Company for the long run. But there’s probably some things on the fringe there that we can be ...
Boeing’s leaders have few options as they consider the potential damage of the Machinists’ rejection Wednesday of another bid to end the six-week strike. They lack the leverage they had in the ...
Problems at Boeing go back years ... the aircraft manufacturer is battling a costly and lengthy strike at its Washington state factories. New CEO Kelly Ortberg said ending the strike — which ...
Boeing machinists on Wednesday voted to reject a new labor contract proposal and continue a costly weekslong strike that halted production of some of the embattled company's top-selling planes ...
which was withdrawn following a deal to keep jobs in Washington state a decade ago, raised immediate concerns over the duration of strike as rating agencies monitor Boeing for a possible downgrade ...