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Boeing, strike
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 thing it needs. But that’s the reality for embattled aircraft maker Boeing.
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.
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 workers, managers and executives as the company navigates a challenging period due to an ongoing strike by IAM 751 and W24 union members.
1d
on MSN
Boeing temporarily suspends tens of thousands of workers amid machinist strike
Boeing is furloughing tens of thousands of workers amid a major machinist strike. Last week, 96% of the 33,000 Boeing ...
MyNorthwest.com
2d
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: ...
2d
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.
2h
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.
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
Generations of workers coveted Boeing jobs. Strike reveals how much has changed.
Striking workers say a sense of shared prosperity has all but evaporated in the past two decades as company managers focused ...
4d
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 ...
Truthout
3h
Biden Joined the UAW Picket Line Last Year. Will He Do the Same With Boeing?
The Boeing strike is the latest test of the Biden-Harris administration’s labor agenda, with more challenges on the way.
1h
on MSN
Boeing 'In A Death Spiral Of Their Own Making' According To A Consultant As 'Employees Already Have A Dim View Of Management'
Boeing is facing one of the toughest times in its history. Recently, 33,000 union workers left the job after rejecting the ...
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