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Boeing Took Nearly $3 Billion Hit in Q4
Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss to the quarter, citing the effects of a work stoppage, workforce reductions,
Boeing Faces $4 Billion Q4 Loss Amid Strikes, Layoffs, and Safety Challenges
Boeing is bracing for a significant $4 billion loss in the fourth quarter of 2024, capping a tumultuous year for the aerospace giant that saw a crippling machinists strike, layoffs, and ongoing safety concerns.
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
1d
This day in history: Boeing announced layoff; bootleggers pull of ‘sensational’ plot
From 1925: Bootleggers pulled off a “sensational daylight whisky smuggling plot” at Orchard Avenue, near Trent Avenue. A ...
Newsweek
20d
Layoffs Coming to US Jobs Market in 2025
What will happen in this new year remains to be seen. "The trajectory of
layoffs
in 2025 will depend on several factors, ...
Free Malaysia Today
2d
Union investigates claims that Boeing is sending work to non-union sites
Union officials worry that the company is using a company-wide downsizing mandate to send work away from the Seattle area.
Flying
8d
Boeing to Resume 777X Test Flights
Boeing is preparing to resume certification flight tests for its long-delayed 777X aircraft as early as this month.
Yahoo Finance
26d
Boeing's terrible, horrible, no good, very bad year
Boeing
is having a rough year. The company has faced mechanical problems, lawsuits, a leadership shake-up, and
layoffs
. Here's a breakdown of how
Boeing
's year has gone from bad to worse.
10d
Boeing sees big commercial jet delivery decline in 2024
Boeing commercial jet deliveries dropped last year by more than a third compared to 2023, as the aerospace giant wrestled ...
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