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Boeing crafts plan to furlough ‘many’ employees as workers strike for higher pay
US planemaker says strike of about 33,000 workers, which began last week, ‘jeopardizes recovery in a significant way’
Boeing is freezing recruitment and drawing up plans to furlough “many” employees as the aerospace giant scrambles to curb spending after tens of thousands of its workers went out on strike.
Warning that the industrial action “jeopardizes our recovery in a significant way”, the US planemaker said it would pause most employee travel and suspend non-essential capital expenditures.
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CNBC - Business
Boeing starts furloughing tens of thousands of employees amid machinist strike
CEO Kelly Ortberg said affected employees would take one week of furlough every four weeks for the strike's duration and he and his team would take pay cuts.6 hours ago -
NBC News - Top stories
Boeing starts furloughing tens of thousands of employees amid machinist strike
Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO Kelly Ortberg told employees ...7 hours ago -
MarketWatch - Business
Here’s one way Boeing plans to preserve cash amid strike
Furloughs for employees and pay cuts for executives are coming at Boeing.6 hours ago -
CBS News - Top stories
Boeing strike emotions flare as guard flashes gun at picketing workers
Airplane manufacturer called incident outside Seattle hub "unacceptable," saying the guard would not be returning.Yesterday -
The New York Times - Business
Boeing Restarts Labor Negotiations as It Seeks End to Strike
Federal mediators are helping the aerospace manufacturer and leaders of the union representing more than 33,000 workers who went on strike last week reach a deal.Yesterday -
The New York Times - Business
Boeing to Begin Temporary Layoffs Due to Strike
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.7 hours ago -
BBC News - Top stories
Boeing suspends jobs for thousands after strike
Boeing says it is suspending jobs for thousands of staff in the US due to a worker strike.6 hours ago
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