Showing posts with label Boeing. Show all posts
Showing posts with label Boeing. Show all posts

Sunday, December 7, 2025

Boeing Says Trump’s Equity Stake Plan Doesn’t Apply To Them

Boeing Says Trump’s Equity Stake Plan Doesn’t Apply To Them

Snippet of Article: "...U.S. President Donald Trump’s plan to take government equity stakes in strategic industries doesn’t apply to major defense firms, the head of Boeing’s defense unit said on Saturday, in contrast to previous comments by a senior government official. ..."

Source: www.dailywire.com






Saturday, November 2, 2024

Layoffs Continue | Boeing: Layoffs will go forward regardless of strike outcome

Boeing: Layoffs will go forward regardless of strike outcome

Snippet of Article: "...Boeing said planned layoffs of 10% of its workforce will move forward even if the machinists' strike ends next week, according to a spokesperson. Information released to KING 5 by a vetted source indicates the layoff notices will be delivered mid-November, and the last day on the payroll for thousands of employees will be Jan. 17. Managers and executives will also be impacted by the job cuts. ..."

Source: www.king5.com






Friday, October 25, 2024

Economic News | Boeing workers resoundingly reject new contract and extend strike

Boeing workers resoundingly reject new contract and extend strike

Snippet of Article: "...a damaging strike and adding to the mounting financial problems facing the company, which hours earlier had reported a $6.1 billion loss.

The contract, the second that workers have voted down, was opposed by 64% of those voting...Ortberg said Boeing needed to undergo “fundamental culture change..."

Source: gvwire.com

Boeing,unions, International Association of Machinists and Aerospace Workers (IAMAW),Strikes,Democrat Economy, Economy 2024,2024,