Several industry sources said there was speculation inside the company of significant job cuts as Boeing, unable to deliver 737 MAX planes to customers, continues to drain cash. The schedule for the board’s face-to-face meetings was set for Sunday and Monday in San Antonio, one of the people said, two days before Boeing reports earnings on Oct. 23. The week after, Boeing Chief Executive Officer Dennis Muilenburg – who was stripped of his job as board chairman eight days ago – is due to testify before U.S. Congress about the plane’s development. …read more
Source:: Yahoo Finance
