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The Latest Breaking News from Kelly Ortberg

Boeing to lay off 10% of workforce as machinist strike cripples airplane production

US aviation giant Boeing plans to lay off about 10 percent of its workers in the coming months, about 17,000 people, as it projected a large third-quarter loss after a nearly month-long strike by 33,000 of its workers slowed production and caused executives to delay delivery of its 777X jet…

France 24

Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

Boeing is announcing layoffs

The Independent UK

Boeing to slash 10% of workforce, laying off 17,000 employees

New Boeing CEO Kelly Ortberg shared the news in a letter with employees Friday afternoon after the company reported losing nearly $10 a share in the third quarter of 2024.

Fortune

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Boeing, Striking Union Set To Resume Contract Negotiations

Company CEO Kelly Ortberg said a deal with the International Association of Machinists and Aerospace Workers 'stands as a priority for me'

International Business Times

Boeing CEO Faces Backlash In Labor Negotiations Misstep

Boeing, led by CEO Kelly Ortberg, faces labor challenges with its union, impacting production. Recent negotiation missteps strain relations.

Top News

Boeing Space & Defense chief Ted Colbert is leaving: reports

Ted Colbert will no longer be CEO of Boeing Defense, Space & Security, according to media reports.

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Boeing CEO Says Ending Strike 'A Top Priority'

Ending a strike involving more than 30,000 of Boeing's Seattle-area workers is "a top priority" for the aviation giant, chief executive Kelly Ortberg said in a message to staff Friday.

International Business Times

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

The Independent UK

Strike Shows Challenge To Boeing 'Reset' Of Labor Relations

In his first day at Boeing, Kelly Ortberg visited the factory floor to speak with workers on the 737 MAX program, part of the new CEO's effort to "reset" labor relations.

International Business Times

Boeing To Start Large-scale Furloughs With Seattle Strike Talks Stalled

Boeing said Wednesday it would start furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that shuttered Seattle manufacturing plants -- while talks with a union stalled.

International Business Times

Boeing CEO says the company will begin furloughs soon to save cash during labor strike

Boeing’s CEO says the company will begin laying off a large number of employees to save cash during the strike by union machinists

The Independent UK

'A death spiral of its own making': Boeing halts hiring, raises, and non-essential travel after thousands of workers walk off the job

No word on whether that means the CEO's private jet is still allowed.

Fortune

As Boeing's workers strike, CEO Kelly Ortberg may need to pay up

Boeing announced cost-cutting measures Monday as rating agencies consider downgrading its debt to junk and the stock falters.

Fortune

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Fortune

As Boeing's workers strike, its new CEO is facing a formidable opponent with the upper hand

The machinists last struck in 2008, emptying Boeing’s Seattle-area plants for 58 days and costing the company a reported $100 million a day.

International Business Times

Boeing Workers Reject Contract, Vote For Strike; 737 MAX Production In Limbo

Thirty thousand workers at Boeing go on strike for wages and benefits, endangering the company's ability to recover from $60 billion in debt and safety concerns.

Al Jazeera

Boeing workers go on strike in fresh blow to troubled aircraft giant

Some 33,000 union members walk off the job at factories in Seattle and Portland after rejecting pay offer.

The Guardian - US

Boeing workers go on strike as White House calls for ‘good faith’ negotiations

US Pacific north-west region workers voted 96% in favor of the strike and walked off the job early on Friday

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The Guardian - UK

Boeing boss tells workers strike would ‘put recovery in jeopardy’

Kelly Ortberg in last-minute plea to assembly staff before vote on 25% pay offer during ‘difficult period’

International Business Times

Boeing Faces Potential Strike As Seattle Workers Vote

Boeing faces a potentially crippling strike in the Seattle region, depending on how 33,000 workers vote Thursday on a new contract that has angered many employees despite solid wage gains.

International Business Times

Boeing, Union Reach Preliminary Deal To Avert Seattle-area Strike

Boeing has agreed on a preliminary new contract with union leaders that includes a hefty wage hike that would avert a strike in the Seattle region, the two sides announced Sunday.

Al Jazeera

Boeing’s Starliner astronauts to return from space next year, NASA says

Bill Nelson says bringing astronauts Butch Wilmore and Suni Williams back to Earth on faulty Starliner is too risky.

International Business Times

New Boeing CEO Pledges To 'Reset' Relations With Machinists

Boeing's new boss said Friday he was looking to "reset" relations with a key union representing tens of thousands of its workers, amid negotiations for a new labor contract.

Top News

Boeing's New CEO Prioritizes Safety And Quality Control

Boeing's new CEO, Kelly Ortberg, is driving operational changes and safety improvements to overcome past setbacks and enhance the company's future prospects.

Barchart

Should You Consider Boeing Stock After Its CEO Shakeup?

The aerospace industry is soaring, but Boeing is facing turbulence. With a new CEO and potential gains ahead, should investors place their bets on Boeing shares?

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