close
close

Yiamastaverna

Trusted News & Timely Insights

IAM

Boeing shares are sliding as the company plans to cut 17,000 jobs and delay aircraft deliveries due to labor strikes

Boeing (BA) shares fell 2% in after-hours trading on Friday as the company said it would cut its workforce by 10%, or about 17,000 jobs, and suspend the first delivery of its 777X jet due to an ongoing labor strike…

Boeing engineers gain more influence over safety through new collective agreement

The Boeing company logo on the floor of the New York Stock Exchangephoto: Michael M. Santiago (Getty Images) In this story In addition to a enormous salary increase of 25%Boeing’s machinists were able to record another major success with their…