Boeing initiates massive layoff wave, cutting 17,000 jobs as financial woes deepen
Boeing has initiated a sweeping round of layoffs, notifying 17,000 employees of their termination—a drastic 10% reduction in its workforce. This move reflects Boeing’s ongoing ... Read More
Boeing workers clinch victory: Seven-week strike ends with major gains
Boeing's seven-week strike has come to a dramatic conclusion as thousands of its workers accepted a new contract that promises significant improvements. The resolution ends ... Read More
Boeing’s 35% wage hike deal—will this massive offer finally end the strike?
Boeing and the International Association of Machinists and Aerospace Workers (IAM) have struck a tentative agreement that could end the ongoing strike affecting over 33,000 ... Read More
Boeing fights back with $35bn financing amid escalating worker strike
Boeing has secured $35 billion in financing to cushion itself against the financial ramifications of an ongoing workers' strike, which has significantly hampered production and ... Read More
Stranded for months! SpaceX finally launches rescue mission to bring NASA astronauts home
Two NASA astronauts, stranded aboard the International Space Station since June, finally received a lifeline as a SpaceX capsule arrived to bring them home after ... Read More
GE Aerospace deepens ties with India to fuel aviation growth amid global supply chain challenges
GE Aerospace is taking bold steps to strengthen its partnerships in India, capitalizing on the country's booming aviation sector. The company is significantly ramping up ... Read More
Shocking leadership shakeup at Boeing as top executive leaves amidst crisis
In a stunning development, Boeing's head of Defence, Space & Security, Ted Colbert, has left the company, marking a significant shakeup as the aerospace giant ... Read More
Boeing on the brink? Major layoffs loom as workers strike over pay
Boeing is considering temporary layoffs as part of sweeping cost-cutting measures to manage cash flow during a strike by the International Association of Machinists and ... Read More
Strike drives Boeing stock to new lows; Hiring freeze and pay delays announced
Boeing has hit turbulence, with its stock plunging to a 52-week low of $156.66 as the company battles an escalating strike and enforces a hiring ... Read More
Boeing’s nightmare worsens: Massive strike sends stock crashing
Boeing’s stock has taken a steep nosedive following a strike by 33,000 members of its largest labour union, the International Association of Machinists and Aerospace ... Read More