News

US-based aerospace giant Boeing has announced plans to lay off 17,000 employees, and delay the delivery of its 777X jets by a year. The Directorate General of Civil Aviation (DGCA) has issued a ...
has laid off around 1,000 employees as part of its cost-cutting and restructuring strategy. Boeing will begin sending layoff notices this week as part of its plan to cut around 17,000 jobs or ...
The Department of Justice confirmed it is considering a new deal to allow Boeing to avoid a criminal conviction stemming from ...
Boeing has reportedly leased additional space at the Bridge Point Everett 500 Building A, a building complex close to its ...
Microsoft announced it plans to lay off three percent of employees across all levels, teams, and geographies, according to CNBC. "We continue to implement organizational changes necessary to best ...
Aerospace giant Boeing (BA) has quickly emerged as a top beneficiary of President Trump's dealmaking abroad. Shares hit 52-week highs on Wednesday after the plane maker scored its largest-ever ...
Microsoft is laying off 3% of its workforce, or roughly 7,000 employees, CNBC reported on Tuesday, as the technology giant looks to rein in costs while funneling billions of dollars into its ...
As first reported by CNBC, Microsoft will be laying off 3 percent of its global workforce in an aim to streamline its operations and thin out its management structure. The layoffs will be felt ...
S&P Global Ratings on Monday announced it has stopped actively considering a downgrade of Boeing (NYSE:BA) credit rating to junk status, pointing to the aerospace giant’s robust $24 billion cash ...
Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years as the company spends heavily on artificial intelligence.