Reported about 1 month ago
Boeing is looking to enhance its precarious financial situation by selling non-core or underperforming units, as reported by the Wall Street Journal. The company recently agreed to sell a small defense unit and is facing multiple crises, including a CEO departure and a production slowdown amid regulatory scrutiny. Boeing's leadership is evaluating asset values, while ongoing union strikes and significant job cuts add further pressure to its finances.
Source: YAHOO