The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” “Our business is in a difficult position, and it is hard to ...

Boeing Co. announced late Friday that it plans to cut approximately 10% of its workforce, a move that surprised markets as the aerospace and defense giant continues to face significant financial ...

Boeing will lay off 10% of its workforce in the coming months and cut its commercial jet production amid a month-old strike that has left the company burning through cash as its factories sit idle.

United States-based plane maker Boeing will cut 17,000 jobs, or 10 percent of its global workforce, delay first delivery of its 777X jet by a year and announced substantial new losses in its ...

Boeing said it plans to cut its workforce by about 10%, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and a worsening cash crunch.. The reductions will ...

Boeing plans to lay off 10 percent of its workforce. AP. Boeing said it burned through $1.3 billion in cash during the quarter and lost $9.97 per share.

In the coming months, Boeing plans to cut 10% of its staff, to “reset our workforce levels to align with our financial reality and to a more-focused set of priorities”, Ortberg says.

SEATTLE — Fifty-eight previously laid-off Boeing employees are set to return to work by the end of this week, their union ...

Boeing Co. said it plans to cut its workforce by about 10%, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and a worsening cash crunch. The reductions ...

New York (CNN) — The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” ...