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Boeing to cut 17,000 jobs
Boeing stock slides as company plans to cut 17,000 jobs, delays jet delivery amid labor strike
Boeing stock (BA) slid 2% in after-hours trading Friday as the company said it would cut its workforce by 10%, or roughly 17,000 jobs, and delay the first delivery of its 777X jet to 2026 amid an ongoing worker strike.
Boeing to cut 17,000 jobs as strike hits finances
Boeing plans to cut 17,000 jobs and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a strike.
Boeing will shed 17,000 jobs as financial woes deepen
Boeing said Friday it will cull 10 percent of its workforce — roughly 17,000 jobs — as the aviation giant grapples with mounting losses and manufacturing disruptions amid a machinists strike that has dragged into a fifth week.
2d
Boeing's bonds again show more confidence in the troubled aerospace giant than the stock
Boeing Co.'s stock fell again Thursday amid worries about an ongoing strike and the potential that its credit will be ...
1d
Boeing Will Cut About 10% Of Its Workforce Amid Strike And Financial Struggles
The aerospace company has faced production slumps and a declining stock this year as it now contends with striking workers ...
2d
on MSN
Wells Fargo expects Boeing to sell up to to $15 billion in new stock to cover for workers’ strike losses
Boeing has clearly had a turbulent year. From several safety incidents to the Starliner fiasco to bringing in a new CEO amid ...
2d
on MSN
Watch These Boeing Price Levels as Stock Hits 2-Year Low on Strike Impact Concerns
Shares in Boeing continued falling Thursday, after the airplane maker earlier this week withdrew its contract offer to ...
1d
on MSN
Boeing is laying off 10% of its workforce, here’s why
Boeing Co. announces 10% workforce cut amid larger-than-expected third-quarter losses, production delays, and bond rating ...
3d
on MSN
Boeing, union at strike impasse as company halts talks, withdraws pay offer
Holden said that Boeing’s removal of its offer is important because some of his members want to vote. He said the union is ...
2d
Boeing: Eyes On The Prize
Boeing stock is down 11% and underperforming the S&P 500 by another 25%. Click here to find out why I think BA is a bit ...
2d
Boeing's year of turbulence in five charts
According to TD Cowen, a 50-day strike could cost Boeing $3 billion to $3.5 billion of cash flow. The last strike at Boeing ...
3d
Boeing Stock Falls After Company Suspends Negotiations With Striking Workers
Negotiations broke down between Boeing and its largest union, eroding hopes of a quick end to a strike that has halted ...
1d
Stock Market Today: Dow ends slightly lower, stocks eases back from record highs ahead of bank earnings
U.S. stocks were pulling back from record territory in the final hour of trade Thursday as investors looked forward to big ...
3d
Boeing stock sinks as union resists proposed deal from management
Boeing (BA) stock continues to languish on Wednesday as the aeronautics company deals with further setbacks from its ongoing ...
3d
Boeing's October Deliveries Expected To Plummet Amid Strike Challenges: Analyst
Boeing Company (NYSE:BA) shares are trading lower on Wednesday. On Tuesday, the company reported that it delivered over 33 ...
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