Boeing initiates massive layoff wave, cutting 17,000 jobs as financial woes deepen

Pallavi Madhiraju- November 15, 2024 0

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

Shocking leadership shakeup at Boeing as top executive leaves amidst crisis

Pallavi Madhiraju- September 21, 2024 0

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

Strike drives Boeing stock to new lows; Hiring freeze and pay delays announced

Pallavi Madhiraju- September 16, 2024 0

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