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Boeing Adds Layoff, $5 Billion Charge to Endless Doom Loop
Posted
October 14, 2024
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14,721
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October 14, 2024
14,721
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1:19Now PlayingBoeing shares are falling after the company announced it will recognize $5 billion in earnings charges and is reducing the size of its total workforce by roughly 10%. Chief Executive Officer Kelly Ortberg also hinted at a broader review of structure to get the planemaker back on course in an Oct. 11 memo to workers. Benedikt Kammel reports on Bloomberg Television.
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