Boeing shares decline as the company begins layoffs amid a major restructuring plan, while projecting strong growth in air ...
In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
For round two employees, their last day will be February 21, 2025. Boeing previously announced weekly furloughs. The last week of the first wave of those furloughs finishes this week for BCA and ...
Wichita-based Spirit AeroSystems says it is not planning to implement additional furloughs or layoffs after Boeing workers ...
CFO Irene Esteves warned, in a Friday message to employees, that if the Boeing (NYSE: BA) strike "extends beyond Thanksgiving, additional workforce actions, including furloughs and layoffs ...
Boeing is in the process of buying Spirit for $4.7 billion to reduce outsourcing and to have more control over its supply chain. The furloughs at a key supplier were announced as Boeing faced a ...
CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company ...