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Boeing defense chief exits

Hosted on MSN · 14h

Boeing's defense unit chief Colbert is departing, CEO says

Boeing's new CEO Kelly Ortberg said the company's defense unit chief Ted Colbert is leaving Boeing and that a replacement would be named later. The defense unit accounted for about 40% of Boeing's revenue in the first half of the year.

Seattle Times · 13h

Boeing defense chief exits as new CEO shakes up top ranks

Boeing said that Ted Colbert, who oversees its Defense and Space division, is leaving, the first big personnel change by Kelly Ortberg since he became CEO.

Business Insider · 9h

The executive in charge of the division that has 2 astronauts stuck in space is leaving Boeing

Ted Colbert, the head of Boeing's defense, space, and security division is leaving the company effective immediately, CEO Kelly Ortberg announced.

Boeing, furloughs

KOMO-TV Seattle on MSN · 1d

Will Boeing's furlough strategy during the strike ensure its financial stability?

Boeing's CEO says the company will begin furloughs to conserve cash during the strike by union machinists. The furloughs are expected to affect tens of thousands of workers, including corporate executives,

Wall Street Journal · 2d

Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch

CEO Kelly Ortberg says he will take a pay cut. Credit-ratings firms have warned of a downgrade.

Reuters on MSN · 15h

Boeing starts furloughs for thousands as strike continues

Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike last week, halting production of the U.S. planemaker's best-selling 737 MAX and other jets.

A strike by Boeing factory workers shows no signs of ending after its first week

Boeing has started rolling furloughs of nonunion employees as a week-old labor strike by 33,000 union machinists shows no signs of ending

Fox Business · 1d

Boeing strike costs set to soar if labor dispute drags on

The ongoing strike by the largest union representing Boeing employees has already cost the company more than $500 million after one week, and those costs are set to escalate.

The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing

The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million, according to an estimate from Anderson Economic Group.

12h

Boeing ousts head of troubled space unit after astronauts left stranded, billions in losses

Boeing’s defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022, ...

2don MSN

Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms

Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...

17h

Aerospace engineers union rejects Boeing furlough request during strike

The union that represents aerospace engineers at Boeing rejected a request from the company to furlough workers.

The Economist1d

How much trouble is Boeing in?

Pay is at the centre of the latest dispute. Boeing offered its employees a 25% rise over four years; its workers are ...

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