Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch
Boeing is furloughing tens of thousands of white-collar employees in an effort to cut costs and avoid a credit-rating cut in ...
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Boeing Furloughs Staff as Cash-Crippling Strike Continues
The furloughs will "impact a large number of U.S.-based executives, managers and employees," said Ortberg, who has been ...
Boeing stock at 52-week lows as plane maker furloughs workers to preserve cash
Shares of the aircraft manufacturing giant touched new 52-week lows on Friday as a labor dispute involving its largest unionized workforce — the International Association of Machinists and Aerospace ...
Boeing asks SPEEA union to voluntarily participate in furloughs. They said no
Boeing asked to include SPEEA employees in company-wide furloughs, despite a stipulation in the union contract that prevents ...
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Boeing Already Lost More Than $500 Million During Strike
In fact, Boeing had to come up with $8 billion earlier this year just to cover expenses, and because of the strike has ...
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 ...