Boeing to shrink workforce and production as coronavirus slams industry [Reuters]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.boeing.com/investors/overview/default.aspx
Company Research
Source: Reuters
Boeing to shrink workforce and production as coronavirus slams industry (Reuters) - Boeing Co ( BA.N ) said on Wednesday it would cut its 160,000-person workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery from the coronavirus pandemic that drove its second consecutive quarterly loss. Planemakers, airlines and suppliers have been left reeling by the pandemic, which has crippled passenger travel and catapulted major economies into recession. “Our industry is going to look very different as a result of this pandemic,” Boeing CEO Dave Calhoun told investors. “We will be a smaller company for a while.” Chicago-based Boeing burned through $4.7 billion in cash in the first quarter, but said it was confident of getting sufficient liquidity to fund its operations, sending its shares up 7.7% to $141.37. Many of the job cuts, to be completed by the end of year through voluntary and involuntary layoffs as
Show less
Read more
Impact Snapshot
Event Time:
BA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BA alerts
High impacting Boeing Company (The) news events
Weekly update
A roundup of the hottest topics
BA
News
- Here is What to Know Beyond Why The Boeing Company (BA) is a Trending Stock [Yahoo! Finance]Yahoo! Finance
- Former Head of Global Fleets for Amazon Air Joins Blended-Wing Pioneer Natilus's Advisory Board [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on Boeing: “It's The Right Stock, Right Time” [Yahoo! Finance]Yahoo! Finance
- NASA to tap UAL for critical component of moon rocket, Bloomberg News reports [Yahoo! Finance]Yahoo! Finance
- North Carolina is hub for future of aviation [Yahoo! Finance]Yahoo! Finance
BA
Earnings
- 1/27/26 - Beat
BA
Sec Filings
- 2/26/26 - Form 4
- 2/26/26 - Form 4
- 2/24/26 - Form 144
- BA's page on the SEC website