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Boeing, Furloughs
The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day today, has already cost the company and workers $572 million, according to an estimate from Anderson Economic Group.
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 begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'
After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be necessary to keep the company afloat.
20h
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 ...
19h
on MSN
Boeing suspends jobs for thousands after strike
Boeing is suspending the jobs of tens of thousands of staff in the US in response to a strike that has shut down production ...
2d
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.
1h
on MSN
DOT's Buttigieg says he's optimistic about Boeing strike resolution
Pete Buttigieg, secretary of the U.S. Department of Transportation, on Thursday said he believes Boeing (NYSE:BA) and union ...
1h
on MSN
Transportation Secretary Pete Buttigieg on the economy, potential U.S. port strike and Boeing strike
Transportation Secretary Pete Buttigieg joins 'Squawk Box' to discuss President Biden's speech at the Economic Club in ...
2h
‘No meaningful progress’: Second full day of mediation ends between Boeing, union
As the strike of 33,000 union machinists continues, Boeing employees got the news they feared: layoffs are coming.
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