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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.
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing said Thursday that it likely lost about $4 billion in the fourth quarter, adding to troubles at the manufacturer, which began 2024 with a midair accident and ended it with a crippling labor strike and layoffs.
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
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 ...
18d
on MSN
In the understatement of 2024 so far, Boeing’s CEO says his company has been ‘far from perfect’ after a litany of safety snafus
The hearing is the first, and perhaps only, time Calhoun will testify publicly on Boeing’s safety issues before he steps down.
22d
Cultural shift? Boeing highlights quality improvements under new production safety plan.
Boeing has faced increased scrutiny in the wake of a number of high-profile flight incidents. It says its turnaround is ...
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 ...
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.
9d
on MSN
More Americans file for unemployment benefits last week, but layoffs remain historically low
The number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job ...
devdiscourse
2d
Unemployment Claims Surge Amid Resilient Job Market
Jobless claims in the U.S. increased slightly last week, while the number of people receiving unemployment benefits reached a ...
2d
Union investigates claims that Boeing is sending work to non-union locations
Boeing's engineering union is formally investigating claims from its members that the company is moving work to non-union ...
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