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Boeing, strike
Boeing furloughs thousands as it hunkers down for extended strike
Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its 737 MAX and other airplanes. "We are initiating temporary furloughs over the coming days that will impact a large number of US-based executives,
Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch
Boeing is furloughing tens of thousands of white-collar employees in an effort to cut costs and avoid a credit-rating cut in the midst of a strike by its largest union.The jet maker will furlough affected employees for one week out of every four weeks for the duration of the walkout,
Boeing CEO says the company will begin furloughs soon to save cash during labor strike
By The Associated Press Boeing’s CEO said Wednesday that the company will begin furloughing “a large number” of employees to conserve cash during the strike by union machinists
2d
on MSN
Boeing furloughs thousands as no progress made to resolve strike
Boeing CEO Kelly Ortberg said Wednesday the planemaker will temporarily furlough numerous U.S. executives and other employees ...
Investopedia on MSN
1d
Boeing Furloughs Staff as Cash-Crippling Strike Continues
as the crippling
strike
by machinists continues. Ortberg said both he and his executive team would also take a pay cut in a ...
7h
Boeing angers another union by asking to include SPEEA employees in furloughs
Boeing asked to include SPEEA employees in company-wide furloughs, despite a stipulation in the union contract that prevents ...
2d
on MSN
Boeing strike, furloughs compound uneasiness for Spirit AeroSystems, other suppliers
Boeing faces more problems with Wednesday’s announcement that the company will furlough thousands of employees to save money ...
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