Another Boeing supplier is laying off workers over the 737 Max production halt, days after ousted CEO Dennis Muilenburg got a $62 million payout (GE)
REUTERS/Lindsey Wasson/File Photo Another Boeing supplier is laying off staff as companies providing parts.....»»
Another Boeing supplier is laying off workers as it scrambles to deal with the 737 Max production halt (GE)
REUTERS/Lindsey Wasson/File Photo Another Boeing supplier is laying off staff as companies providing parts.....»»
Boeing"s fired CEO got his $62 million payout confirmed the same day 2,800 people in the 737 Max supply chain were laid off
Dennis Muilenburg, the recently-ousted CEO of Boeing, is leaving with a $62 million payout, the company said Friday. The substantial award comes despite being fired for poor handling of the fatal crashes, .....»»
A major Boeing supplier in Kansas is laying off 2,800 workers because of the 737 Max production halt (SPR)
Nick Oxford/Reuters An aerospace supplier t.....»»
Boeing dismisses CEO Muilenburg to restore confidence over 737 MAX crisis
Boeing Co has ousted Chief Executive Dennis Muilenburg in an attempt by the world's biggest planemaker to restore confidence as a prolonged crisis has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes......»»
Boeing fires CEO Muilenburg to steady spiraling 737 MAX crisis
Boeing Co ousted Chief Executive Dennis Muilenburg as the world's biggest planemaker sought to control an escalating crisis that has seen it halt production of its best-selling 737 MAX jetliner following two fatal crashes......»»
Boeing supplier lays off dozens amid 737 Max production halt
Senior Aerospace AMT, an aerospace supplier that makes parts for Boeing 737 Max and other jets, will lay off 72 workers later this week. The layoffs were revealed by the Washington state Employment Security Department, which said it received a WARN no.....»»
Arlington-based supplier lays off dozens amid 737 Max production halt
Senior Aerospace AMT, an Arlington-based aerospace supplier that makes parts for Boeing 737 Max and other jets, will lay off 72 workers later this week. The layoffs were revealed by the Washington state Employment Security Department, which said it .....»»
Plane crash victims’ families ‘sickened’ by fired Boeing CEO’s $62 million payout
Relatives of those who died in the crashes of 737 Max jets say the massive payout to Dennis Muilenburg is yet another example of how Boeing has put profits ahead of safety......»»
"Harsh Blow" – Boeing Supplier Cuts 2,800 Jobs Amid 737 Max Production Halt
"Harsh Blow" – Boeing Supplier Cuts 2,800 Jobs Amid 737 Max Production Halt Just as Boeing's departing CEO deployed his $62.2 million golden parachute last month as the 737 Max crisis persists, the.....»»
Boeing"s ousted CEO departs with $62 mln, even without severance pay
Boeing Co's ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis......»»
Fired Boeing CEO will receive more than $60 million
Dennis A. Muilenburg, who was ousted as Boeing’s chief executive last month as the company contended with the biggest crisis in its history, will leave the company with more than $60 million, t.....»»
Fired Boeing CEO will receive more than $60 million
Dennis A. Muilenburg, who was ousted as Boeing’s chief executive last month as the company contended with the biggest crisis in its history, will leave the company with more than $60 million, t.....»»
Boeing follows CEO ouster with 737 MAX freeze across supply chain
After hinting that production on the 737 MAX might not completely halt across its supply chain, the Boeing Co. quickly followed the announced departure of CEO Dennis Muilenburg with word that all its MAX vendors will halt deliveries in the near term......»»
Boeing ditches CEO Muilenburg in bid to contain 737 MAX crisis
Boeing Co has fired its Chief Executive Dennis Muilenburg, seeking to restore confidence after two fatal crashes forced the world's biggest planemaker to halt production of its best-selling 737 MAX jetliner......»»
Trump called Boeing CEO to inquire about 737 MAX production halt: sources
U.S. President Donald Trump called Boeing Chief Executive Dennis Muilenburg this week to ask about the status of 737 MAX production, two people briefed on the matter confirmed......»»
Trump called Boeing’s CEO Sunday on potential max output halt
U.S. President Donald Trump called Boeing Co. to ask Chief Executive Officer Dennis Muilenburg about the company’s health, the day before the planemaker said it would suspend production of the grounded 737 Max, a person familiar with the matter said......»»
Boeing may cut or halt 737 output if return to service delayed
Boeing does not rule out further reducing or temporarily shutting down production of its grounded 737 MAX aircraft if its estimates on the timing of a return to service have to be revised, Chief Executive Dennis Muilenburg said Wednesday......»»
Boeing may cut or halt 737 output if return to service delayed
Boeing does not rule out further reducing or temporarily shutting down production of its grounded 737 MAX aircraft if its estimates on the timing of a return to service have to be revised, Chief Executive Dennis Muilenburg said Wednesday......»»
Spirit AeroSystems halts production for Boeing jets indefinitely
Spirit AeroSystems , Boeing's top supplier, said on Wednesday it had stopped production for the planemaker for an indefinite period and would furlough workers supporting Boeing programs in Kansas and Oklahoma......»»
Boeing stock wipes out gains made during ousted CEO Muilenburg"s term
Boeing Co's shares plunged another 20% on Monday, erasing all gains recorded during ousted CEO Dennis Muilenburg's tenure, as the mounting economic fallout of the coronavirus pandemic added to uncertainty around the 737 MAX's return to service......»»