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Boeing defense chief exits

New York Post · 14h

Boeing ousts head of troubled space unit after astronauts left stranded, billions in losses

Boeing’s defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022, which executives attributed in large part to cost overruns on

Honolulu Star-Advertiser · 14h

Boeing defense chief exits as new CEO makes first big move

Boeing said today the head of its troubled space and defense unit is leaving the company immediately, in the first management change under new CEO Kelly Ortberg.

Hosted on MSN · 16h

Boeing's defense unit chief Colbert is departing, CEO says

Boeing's new CEO Kelly Ortberg said the company's defense unit chief Ted Colbert is leaving Boeing and that a replacement would be named later. The defense unit accounted for about 40% of Boeing's revenue in the first half of the year.

Boeing, furloughs

KOMO-TV Seattle on MSN · 1d

Will Boeing's furlough strategy during the strike ensure its financial stability?

Boeing's CEO says the company will begin furloughs to conserve cash during the strike by union machinists. The furloughs are expected to affect tens of thousands of workers, including corporate executives,

Reuters on MSN · 17h

Boeing starts furloughs for thousands as strike continues

Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike last week, halting production of the U.S. planemaker's best-selling 737 MAX and other jets.

Investopedia on MSN · 1d

Boeing Furloughs Staff as Cash-Crippling Strike Continues

KEY TAKEAWAYS Boeing CEO Kelly Ortberg told staffers that the airplane maker is temporarily furloughing employees based in the U.S.The furlough is aimed at preserving Boeing's cash, as the strike by machinists continues.

2don MSN

Boeing CEO Announces Furloughs Amid Union Strike Over Pay Dispute

Boeing CEO Kelly Ortberg announced Wednesday that the company will begin furloughing employees in an effort to conserve cash ...

20h

Aerospace engineers union rejects Boeing furlough request during strike

The union that represents aerospace engineers at Boeing rejected a request from the company to furlough workers.

2don MSN

Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'

After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be ...

2don MSN

Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms

Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...

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