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 ...
Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...
Boeing shares decline as the company begins layoffs amid a major restructuring plan, while projecting strong growth in air ...
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
A Boeing spokesperson said Friday ... Spirit AeroSystems spokesperson Joe Buccino said the temporary furloughs are part of a cost-cutting plan that includes a hiring freeze and restrictions ...
In what appears to be a conciliatory gesture to an angry workforce, Boeing CEO Kelly Ortberg said that workers who were ...
Boeing instituted rolling furloughs in September, with tens of thousands of employees ... requirements needed to receive ...
Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...
CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company ...