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Boeing to furlough workers this week
Boeing starts furloughing 'large number' of employees as machinist strike continues
The cost-cutting measures come after more than 30,000 Boeing machinists turned down a contract and voted to strike.Boeing will temporarily furlough thousands of U.S. executives, managers and other staff,
Boeing stock sags despite Fed rally, company furloughs workers amid strike
Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current shareholders.
Boeing will furlough workers soon to preserve cash during strike, CEO says
Boeing top executive said Sept. 18 that the company will begin furloughing "a large number" of workers to conserve cash during the strike by union machinists that began last week. CEO Kelly Ortberg said the employees who would be required to take time off without pay starting in the coming days include executives,
1d
on MSN
Boeing Resuming Negotiations With 'Frustrated' Union Partner Amid Strike
Boeing and its largest union partner are resuming contract negotiations Wednesday with federal mediators present, the ...
3d
on MSN
Boeing Details Immediate Cutbacks Amid 'Difficult' Workers' Strike
On Monday, Boeing Chief Financial Officer Brian West sent a memo to employees stating that the company will be making ten immediate cutbacks. In the memo, some of the cutbacks included a hiring freeze ...
3d
Boeing Will Cut Spending as Strike Takes Financial Toll
More than 33,000 Boeing workers went on strike last week after rejecting a tentative contract the company had negotiated with ...
TravelPulse
2d
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 ...
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.
2d
Boeing Restarts Labor Negotiations as It Seeks End to Strike
Federal mediators will help the aerospace manufacturer and leaders of the union representing more than 33,000 workers who ...
CFO
4d
Boeing CFO says strike’s financial impact depends on its duration: Trial Balance
After making aggressive goals around free cash flow and manufacturing numbers, Boeing CFO Brian West says the company wants to “hammer out” a deal.
2d
on MSN
‘A death spiral of its own making’: Boeing halts hiring, raises, and non-essential travel after thousands of workers walk off the job
Things are in dire straits at The Boeing Company. Just ask the 33,000 unionized workers who walked off the job last week ...
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