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Boeing to furlough workers this week
Boeing says it's going to start furloughing 'a large number' of its white-collar employees amid strike
Selected employees will take one week of furlough every four weeks on a rolling basis, Kelly Ortberg, the CEO of Boeing, wrote in an email.
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 is reducing executive pay and furloughing nonunion workers during the strike
Boeing is temporarily furloughing executives and other nonunion workers to save cash during the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg told employees Wednesday.
3h
on MSN
Boeing Spent Decades as an Engineering Marvel. It Has Fallen Hard.
Boeing’s failure to reach a labor agreement with its biggest union last week was just its latest misstep this year. It was ...
7h
China aircraft lessor orders 50 737 MAX jets, in boost to Boeing
China Development Bank Financial Leasing said its aircraft leasing unit would order 50 Boeing 737 MAX 8 jets, in a boost to ...
15h
Boeing to Begin Temporary Layoffs Because of Strike
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the ...
6h
Ducommun: Aerospace Growth And Strategic Restructuring Amid Boeing Challenges
Ducommun 2Q24 revenue grew in aerospace and military markets, despite challenges with Boeing, with a positive outlook for the ...
8h
on MSN
China Development Bank Financial Leasing buys 50 Boeing 737-8 aircraft
China Development Bank Financial Leasing, through its aircraft leasing unit, will purchase fifty of Boeing's 737-8 aircraft, ...
1d
Boeing ready 'hammer out an agreement' as stock hovers near 52-week lows amid labor dispute
Boeing's share price hovers near 52-week lows as the plane maker tries to strike a deal with its machinist union.
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strike
stock
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furloughing
International Association of Machinists and Aerospace Workers
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