Will Boeing's furlough strategy during the strike ensure its financial stability?
Boeing's CEO says the company will begin furloughs to conserve cash during the strike by union machinists. The furloughs are expected to affect tens of thousands of workers, including corporate executives,
Boeing’s Struggles Deepen with Workers Strike and Executive Furloughs
Boeing will temporarily furlough thousands of U.S. executives, citing the ongoing machinist strike as the company races to preserve cash.
Boeing Furloughs Staff as Cash-Crippling Strike Continues
KEY TAKEAWAYS Boeing CEO Kelly Ortberg told staffers that the airplane maker is temporarily furloughing employees based in the U.S.The furlough is aimed at preserving Boeing's cash, as the strike by machinists continues.
Boeing CEO Announces Furloughs Amid Union Strike Over Pay Dispute
Boeing CEO Kelly Ortberg announced Wednesday that the company will begin furloughing employees in an effort to conserve cash amid a union strike over a pay dispute. In a message to staff, Ortberg said the company would begin furloughing "a large number" of employees,
Boeing CEO says the company will furlough a ‘large number’ of employees to preserve cash during strike
Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists.
Boeing to begin furloughs, leadership takes a pay cut, as machinist strike continues
As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.
Boeing Furloughs Thousands as Strike Resolution Makes No Progress
Nonunion employees will experience one-week furloughs every four weeks as the troubled planemaker struggles to conserve cash.
Boeing furloughs workers 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.
Hit by strike, Boeing flies in out-of-state janitors, applies furloughs broadly
A few of the incoming workers, who have relocated here for the duration of the strike, said they had arrived from Alabama, Mississippi and Texas.
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Update: Rolling Furloughs Are Next For WA Employees of Boeing
Boeing CEO Kelly Ortberg implements cost-saving measures, including furloughs and pay cuts in response to worker frustrations ...
Boeing CEO Kelly Ortberg buys a home in Seattle
The Boeing chief purchased a 3,780-square-foot house in the Broadmoor neighborhood, according to a real estate excise tax ...
Boeing top boss Kelly Ortberg shows pro
Boeing has reached a tentative deal with a union representing more than 32,000 workers in the U.S. Pacific Northwest, an early win for new Boeing CEO Kelly Ortberg that could help avert a possible ...
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 ...
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Boeing CEO says the company will furlough employees soon to preserve cash during labor strike
Chief executive Kelly Ortberg said the people who would be required to take time off without pay starting in the coming ...
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 ...