Boeing took nearly $3B hit in Q4 related to strike, layoffs | AP News
2 days ago · Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs. ... accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s ...
Boeing lost $3.5 billion due to labor strikes and layoffs in the …
2 days ago · Boeing said the IAM strike, which concluded in November with a new four-year contract, will lead to higher labor costs, resulting in pre-tax charges of $1.1 billion for the 777X and 767 jet programs.
Boeing warns of bigger-than-expected $4 billion quarterly loss; …
3 days ago · Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a ...
Boeing workers vote to accept deal, end strike | CNN Business
Nov 4, 2024 · Striking workers at embattled plane maker Boeing voted Monday to accept the company’s most recent offer, ending the costliest strike in the United States in more than 25 years. The International...
Boeing workers agree to new contract offer, concluding strike
Nov 4, 2024 · Tens of thousands of striking Boeing machinists cast ballots on Monday that approved a contract offer and ended their work stoppage after seven weeks.
Boeing prepares layoff notices for thousands of workers as ... - NBC News
Thousands of Boeing staff members will get layoff notices within weeks, a union and industry sources said, as a senior U.S. official flew to Seattle to try to ease a crippling strike and a major...
Boeing got the easy part done. Now comes the tougher, …
Nov 12, 2024 · Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing massive losses, quality and safety problems – are as bad as ever, and...
Boeing to lay off 10% of employees amid factory worker strike | AP News
Oct 12, 2024 · Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes. New CEO Kelly Ortberg told staff in a memo Friday that the job cuts will include executives, managers and employees.
Boeing says it will take several weeks to ... - Associated Press News
Nov 12, 2024 · DALLAS (AP) — Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a strike that lasted nearly two months. A Boeing spokesperson said Tuesday that the delay in restarting plants in Washington state and Oregon is due to multiple steps needed to resume production.
Boeing factory workers strike after rejecting contract - NBC News
Sep 13, 2024 · Boeing’s factory workers walked off the job after midnight on Friday, halting production of the company’s best-selling airplanes after staff overwhelmingly rejected a new labor contract.