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Boeing to furlough tens of thousands of workers

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 machinists voted to reject a new contract and instead strike. Though negotiations have continued,

The Washington Post · 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 on financial performance.

The Associated Press on MSN · 3d

Boeing says it's considering temporary layoffs to save cash during the strike by machinists

SEATTLE -- Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers’ strike that began last week, the company told employees Monday. The company said the moves, which include reduced spending on suppliers, were necessary because “our business is in a difficult period.”

1don 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 ...

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 ...

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 ...

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.

3don 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 ...

1don MSN

Boeing, striking union set to resume contract talks on Wednesday

Boeing and its largest union will restart contract talks on Wednesday in the presence of federal mediators, after failing to ...

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