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Boeing, strike
Boeing could lose billions if the strike doesn’t end soon
Investors are also upbeat after policymakers indicated more rate cuts are coming before the end of 2024. Fed Chairman Jerome Powell expressed his intention to prevent a severe decline in the labor market.
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 CEO says the company will furlough employees soon to preserve cash during labor strike
Boeing’s CEO says the company will begin laying off a large number of employees to save cash during the strike by union machinists.
4h
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 ...
18h
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 ...
21h
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 ...
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 ...
16h
on MSN
Boeing preps to furlough executives, managers as machinist strike nears
Boeing will furlough tens of thousands of its executives, managers and others as more than 30,000 machinists intend to go on ...
1d
Boeing Restarts Labor Negotiations as It Seeks End to Strike
Federal mediators will help the aerospace manufacturer and leaders of the union representing more than 33,000 workers who ...
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.
2h
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 ...
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International Association of Machinists and Aerospace Workers
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