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Last Updated:November 14, 2024, 8:10 PM IST Boeing is navigating these cuts amid lingering challenges, including a recent decline in production following a major incident in January and a seven-week strike that paralysed its operations. Boeing Layoffs. Boeing has announced to lay off 17,000 employees, which is 10 per cent of its workforce to improve…
Washington: Boeing and its striking Seattle-area workers have reached a tentative deal to end a more than month-long stoppage, the union said Saturday. Boeing confirmed a tentative deal was reached and said it includes a 35 percent pay raise over four years and a one-time signing bonus of $7,000. Union members will vote Wednesday on…
Boeing has lost more than $25 billion since the start of 2019. (AP file Photo) Boeing will further delay the rollout of a new plane, the 777X, to 2026 instead of 2025. It will also stop building the cargo version of its 767 jet in 2027 after finishing current orders. Boeing plans to lay off…
New York: Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. The aviation giant must “reset our workforce levels to align with our financial reality,” Chief Executive Kelly Ortberg said, adding that the…
Boeing 737 MAX aircraft are assembled at the company’s plant in Renton, Washington, US Washington: Boeing’s first strike in 16 years could further compound global shortages of jetliners that have been pushing up airfares and forcing airlines to keep older jets flying longer, industry executives and analysts said. The US planemaker’s West Coast workers went…
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Washington: NASA admitted on Wednesday there was “tension” during meetings with Boeing executives about how to bring home two astronauts stranded on the International Space Station, but denied reports of shouting matches. The US space agency is enlisting SpaceX to rescue the astronauts because of safety concerns with Boeing’s Starliner capsule, which encountered thruster malfunctions…
Even as NASA is expected to make a final call on Saturday to plan the return of Indian-Origin Sunita Williams and Butch Willmore to Earth from the International Space Station (ISS), health experts pointed the risks to the human body because of prolonged stay in microgravity. Williams and Willmore became the first to ride Boeing’s…
Over 2,600 Boeing 737 airplanes would need to be inspected, said US aviation regulators Boeing confirmed on Monday that it had reached a deal with the US Department of Justice over two fatal 737 MAX crashes, with court documents showing the planemaker set to plead guilty to fraud. The agreement comes after prosecutors concluded Boeing…