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Boeing, Furloughs and strike
Boeing could lose billions if the strike doesn’t end soon
Investors are also upbeat after policymakers indicated more rate cuts are coming before the end of 2024. Fed Chairman Jerome Powell expressed his intention to prevent a severe decline in the labor market.
Boeing lays off thousands of executives, managers, non-union contractors amid strike
Boeing said Wednesday it is temporarily laying off tens of thousands of managers, executives and non-union contractors as the strike by 33,000 union members continues.
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.
AFP on MSN
8h
Strike shows challenge to Boeing 'reset' of labor relations
In his first day at Boeing, Kelly Ortberg visited the factory floor to speak with workers on the 737 MAX program, part of the ...
1d
on MSN
Boeing Factory Workers Vote To Go On Strike—Rejecting Company’s Pay Hike Offer
District 751 of the International Association of Machinists and Aerospace Workers union, representing around 33,000 Boeing ...
1d
on MSN
Boeing preps to furlough executives, managers as machinist strike nears
Boeing will furlough tens of thousands of its executives, managers and others as more than 30,000 machinists intend to go on ...
6d
on MSN
Boeing workers go on strike after overwhelming votes to reject contract offer and walk off the job
Machinists at Boeing have gone on strike, another setback for the aviation giant whose reputation and finances were already ...
3d
on MSN
Boeing freezes hiring and mulls temporary layoffs, citing machinists' strike
Boeing is freezing hiring across the company, citing a strike launched on Friday by 33,000 machinists at the airplane ...
3d
Boeing strike: bosses bruised, blindsided and on brink of crisis
Boeing, which dominates the global planemaking market with European rival Airbus (AIR.PA), has been wrestling with production ...
5d
on MSN
How scandals at Boeing helped bring about the current strike
"If there's a strike, Boeing becomes that much weaker," said Harteveldt, of Atmosphere Research Group. "If the strike lasts a ...
1d
on MSN
Boeing CEO says the company will begin furloughs soon to save cash during labor strike
Boeing’s CEO says the company will begin laying off a large number of employees to save cash during the strike by union ...
3d
Boeing imposes hiring freeze, takes steps to conserve cash after strike starts
Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Friday ...
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furloughs
Kelly Ortberg
International Association of Machinists and Aerospace Workers
Seattle
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