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Boeing furloughs workers
Boeing furloughing thousands as negotiations continue with striking machinists
The furloughs are part of sweeping cost-cutting measures Boeing announced this week as it continues negotiations with striking machinists.
Boeing to furlough tens of thousands of workers as Machinists strike bites
Affected employees will take one week of furlough every four weeks on a rolling basis as long as the strike lasts.
As machinists strike continues, Boeing employees hear layoffs are imminent
As the strike of 33,000 union machinists continues in Washington state, Boeing employees received the news they feared: layoffs are imminent.
3d
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 ...
1h
How Boeing and Intel went from market kings to paupers
Boeing and Intel suffered stock price losses due to poor management and bad decisions. Boeing put profit before safety, Intel misjudged the GPU-CPU contest.
3d
What is a furlough? Boeing CFO hints at temporary WA layoffs amid union strike
WASHINGTON - In a memo sent to employees Monday, Boeing CFO Brian West hinted at the possibility of furloughs for Washington ...
1d
on MSN
Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms
Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...
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 ...
3d
on MSN
Boeing’s CFO wants to cut costs but it could be a risky maneuver
In response, CFO Brian West is to cut costs. But will doing so risk creating long-term damage in the form of employee morale ...
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