Aerospace giant Boeing will lay off over 200 workers that are based in South Carolina as part of a large-scale cost-cutting drive that will cut 17,000 employees, which equals 10% of its workforce.
Read More Boeing To Lay Off Over 2K Workers As Part Of Plans To Reduce Workforce By 10%
Spirit AeroSystems will tell employees that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier’s cash and inventory space
Read More Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.
Read More Boeing fine-tunes job cuts as major buyer slams 777X jet delay
A SpaceX Crew Dragon space capsule arrived at the International Space Station (ISS) on Sunday.
Read More SpaceX capsule for stuck astronauts docks at space station
Boeing employees walked off the job site at Boeing Factories near Seattle on Friday morning after union members voted to go on strike and reject a tentative contract that would have increased wages by 25% over a four-year span.
Read More Boeing Employees Strike After Rejecting 25% Pay Increase, Impacting Production
Boeing’s long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems, now shifts the focus of investors to the search for a new CEO.
Read More Boeing-Spirit: Spirit Aero chief in spotlight as Boeing searches for new CEO