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Boeing, Furloughs and strike
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,
‘We want what’s fair’: Boeing workers on strike in Washington take to the picket lines
Standing on the picket line outside Boeing’s Everett plant on Friday, Phil Westburg said not much has improved for aircraft machinists in the Puget Sound region since 2008, the last time he and other members of his union walked off the job.
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 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 ...
3d
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 ...
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.
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 ...
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