Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the ...
Clouds of rain and uncertainty collided over Boeing’s Washington facilities as the first of three days of layoffs at the ...
Spirit Airlines' stock plunged 59% on Wednesday as the budget airline worked with creditors to restructure debt amid reports the company could file for bankruptcy protection within the next few weeks.
Nine days after settling a strike that cost the company billions, airplane manufacturer Boeing announced that it plans to cut ...
Boeing announced it will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union ...
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
U.S. staff receiving the notices this week will stay on Boeing's payroll until January to comply with federal requirements ...
Boeing Co. is notifying workers this week whether they'll lose their jobs under a broad-based cost-cutting plan that one of ...
Boeing shares decline as the company begins layoffs amid a major restructuring plan, while projecting strong growth in air ...
Earlier this year, we reported on the DEI troubles at Boeing, which an insider described in this way: “DEI is the drop you ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...