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Boeing Furloughs Thousands
Boeing Furloughs Thousands Amid Strike
Boeing announced temporary furloughs for tens of thousands of employees after 30,000 machinists went on strike, halting production. The strike demands include a 40% raise over four years. The ongoing strike,
Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch
Boeing is furloughing tens of thousands of white-collar employees in an effort to cut costs and avoid a credit-rating cut in the midst of a strike by its largest union.The jet maker will furlough affected employees for one week out of every four weeks for the duration of the walkout,
Boeing furloughs thousands as strike drags on
Boeing said today it 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.
Investopedia on MSN
1d
Boeing Furloughs Staff as Cash-Crippling Strike Continues
The
furloughs
will "impact a large number of U.S.-based executives, managers and employees," said Ortberg, who has been ...
1h
Boeing asks SPEEA union to voluntarily participate in furloughs. They said no
Boeing asked to include SPEEA employees in company-wide furloughs, despite a stipulation in the union contract that prevents ...
TravelPulse
4h
Boeing Already Lost More Than $500 Million During Strike
In fact,
Boeing
had to come up with $8 billion earlier this year just to cover expenses, and because of the
strike
has ...
1d
on MSN
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 ...
1d
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 ...
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