Worst of all, Ortberg announced that Boeing will need to "reset our workforce levels to align with our financial reality and ...

Boeing plans to cut 17,000 jobs and take $5 billion in charges amid a crippling strike and deepening turmoil. On October 5, ...

Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space ...

Airbus' defense and space division needs to become "faster, leaner and more competitive," its boss said as he announced ...

Boeing (BA) rival Airbus (AIR) is slashing 2,500 jobs in its Defence and Space division as it continues to struggle to find ...

Another layoff announcement in aerospace and defense might signal the start of a disturbing trend for workers.

Tens of thousands of striking Boeing machinists are set to vote this week on a new contract proposal that could end the weeks ...

Labor union militancy has increased, partly because non-union companies quickly responded to tight hiring conditions, leaving ...

The deal reached by the machinists union, which represents more than 33,000 workers, would cumulatively raise wages by nearly ...

Their work stoppage has halted production of the plane maker's best-selling 737 MAX and its 767 and 777 widebodies.

Boeing is expected to book more than $1 billion in wage-related expenses from its proposed labor contract, analysts said, ...