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Boeing, strike
The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million, according to an estimate from Anderson Economic Group.
Boeing begins furloughs in response to strike by 33,000 machinists
Boeing employees still working received a notice on the furloughs Wednesday, which noted that it will encompass tens of thousands of nonunion employees for the duration of strike.
Boeing Furloughs Thousands as Strike Resolution Makes No Progress
Nonunion employees will experience one-week furloughs every four weeks as the troubled planemaker struggles to conserve cash.
Boeing defense chief exits
Boeing defense chief exits as new CEO makes first big move
Boeing said today the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.
Boeing’s space and defense chief exits in new CEO’s first executive move
Boeing said on Friday the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg. Ortberg who took over in August said Ted Colbert would be leaving and Steve Parker,
The head of Boeing's defense and space business is out as company tries to fix troubled contracts
Boeing on Friday replaced the head of its troubled defense and space business, which has struggled with money-losing government contracts and embarrassing setbacks involving its Starliner space capsule.
Defense News on MSN
3h
Boeing ousts defense chief Ted Colbert as firm seeks to right itself
Colbert's removal from Boeing Defense marks CEO Kelly Ortberg's first major management change since taking the helm last ...
13h
Boeing 'In A Death Spiral Of Their Own Making' According To A Consultant As 'Employees Already Have A Dim View Of Management'
The union members, most of them based in Washington state, turned down a proposal to raise wages by 25% over four years, as ...
2d
CDB Leasing to Buy 50 Boeing Max Jets in Second Major Order
China Development Bank Financial Leasing Co. agreed to buy 50 Boeing Co. 737 Max jets, the company’s second major order in as ...
2d
on MSN
China aircraft lessor orders 50 737 MAX jets, in boost to Boeing
China Development Bank Financial Leasing said its aircraft leasing unit would order 50 Boeing 737 MAX 8 jets, in a boost to ...
6h
Boeing In Crisis: Pays Embraer $150 Million For Failed Acquisition Deal
The failed Boeing-Embraer joint venture means both companies lost valuable time and resources. Read more on how the scuttled ...
The Economist
1d
How much trouble is Boeing in?
Pay is at the centre of the latest dispute. Boeing offered its employees a 25% rise over four years; its workers are ...
14h
How Boeing and Intel went from market kings to paupers
Boeing and Intel suffered stock price losses due to poor management and bad decisions. Boeing put profit before safety, Intel misjudged the GPU-CPU contest.
Opinion
Hosted on MSN
7h
Opinion
Commentary: Boeing may have done wrong, but we all need it to succeed
The past few years have been rough flying for Boeing, with much of it self-inflicted. Their machinists recently voted to ...
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