Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
- Posted on January 24, 2025
- By Google News
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Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss to the quarter, citing the effects of a work stoppage, workforce reductions, and changes in its defense business.