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Boeing, Furloughs and strike
Boeing Stock Is Steady As The Strike Continues. Help Has Arrived.
Boeing workers are still on strike, but some help has arrived. Tuesday, Boeing and the International Association of Machinists and Aerospace Workers went back to the negotiating table joined by the Federal Mediation and Conciliation Service or FMCS.
Boeing to temporarily furlough tens of thousands of employees
Boeing said on Wednesday the planemaker 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.
Boeing to reduce executive pay, furlough nonunion workers during 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.
Bloomberg on MSN
3h
Boeing Contract Talks Continue After Workers Left ‘Frustrated’
Contract talks between Boeing Co. and it’s largest union are set to continue on Wednesday after a first round overseen by a ...
2d
on MSN
The strike could cost Boeing more than $1 billion. But that could be the least of its problems
For a company that has lost $33 billion since 2019, a strike that virtually halts production of its major product is the last ...
3h
on MSN
Alaska CEO sees 'significant improvement' at Boeing after door plug incident
Alaska Airlines CEO Ben Minicucci said the airline has seen "significant improvement" at troubled planemaker Boeing in recent ...
21h
on MSN
Boeing 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.
2d
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 ...
2d
Boeing layoffs begin with more ahead to cut costs during Machinists strike
Boeing announced a series of sweeping cost-cutting moves due to the strike. It may temporarily lay off some employees and ...
20h
on MSN
Boeing Has Too Much Debt. Here’s How Much Stock It Might Have to Issue.
No matter how long the current labor strike lasts at Boeing, investors are looking at an equity capital raise to address the ...
1h
Boeing Watchers Say Possible Equity Sale Could Avert Downgrade
Should Boeing Co. decide to raise equity, it would help the company fend off a ratings downgrade for at least a couple of ...
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