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Boeing took nearly $3B hit in Q4

Boeing took nearly $3 billion hit in Q4 related to strike, layoffs and troubled government programs

Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs. As a result, the Chicago-based aerospace giant said Thursday that it will report a loss of $5.

Business Insider · 1d

Boeing Sees Wider Loss, Weak Revenues In Q4; Shares Hit

Aerospace and defense major Boeing Co. said it projects a sharply wider loss and weak revenues in its fourth quarter, mainly impacted

Reuters · 1d

Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop

Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.

2don MSN

Union investigates claims that Boeing is sending work to non-union locations

SEATTLE - Boeing's engineering union is formally investigating claims from its members that the company is moving work to non ...

9don MSN

Boeing should treat workers better to recover from its 'mess,' Emirates boss tells BI

Emirates president Tim Clark told BI that Boeing workers were unfairly treated by previous management, which prioritized ...

Yahoo Finance18d

Boeing’s CEO tells staff to stop ‘bitching by the water cooler’ and focus on beating Airbus

Kelly Ortberg took over the top job at embattled planemaker Boeing a little over three months ago—and it appears he's not massively impressed with some aspects of the company's culture.

19don MSN

US jobs market to be hit with massive layoffs in 2025 amid HMPV virus fears? Experts warn ‘not everyone will have….’

While the US economy recovers from the shock of the coronavirus pandemic, experts have warned that not everyone will have job security in 2025.

Business Insider19d

I worked at Boeing for over 30 years. I witnessed the fallout of outsourcing firsthand.

However, it doesn't change my general opinion of Boeing. I know there are many dedicated employees who are committed to doing their jobs properly and safely. Boeing is taking baby steps in the ...

Seattle Times26d

Boeing shares drop after South Korean crash

In September, some 33,000 Boeing workers walked off the job for two months, a costly and disruptive strike by members of the company’s largest union. “Our business is in a difficult position ...

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