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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 set to start large-scale furloughs due to machinists strike
Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week.
2h
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 new CEO's effort to "reset" labor relations.
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 ...
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
on MSN
'I live paycheck to paycheck': Boeing strike continues as company plans to reduce spending
Boeing factory workers continue to strike as they demand a larger raise and better pension contributions from the company.
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 ...
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 ...
TravelPulse
1d
Boeing Strike Could Have Far-Reaching Ramifications
“Boeing has every incentive to negotiate a deal in good faith, and within a short time frame,” analysts from RBC Capital ...
1d
on MSN
It’s official: Boeing CEO announces temporary layoffs for ‘large number’ of US workers
As the strike of 33,000 union machinists continues, Boeing employees got the news they feared: layoffs are coming.
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furloughs
Kelly Ortberg
International Association of Machinists and Aerospace Workers
Seattle
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