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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 furloughs thousands as no progress made to resolve strike
Boeing CEO Kelly Ortberg said Wednesday the planemaker will temporarily furlough numerous U.S. executives and other employees after about 30,000 machinists went on strike Friday, halting production of its 737 MAX and other airplanes.
Boeing, Striking Union
Boeing lays off thousands of executives, managers, non-union contractors amid strike
Boeing said Wednesday it is temporarily laying off tens of thousands of managers, executives and non-union contractors as the strike by 33,000 union members continues.
Boeing, Striking Union Set to Resume Contract Talks on Wednesday
Negotiators at Boeing and its largest union are due to resume talks over a labor contract on Wednesday, after the two sides met on Tuesday but continued to disagree on key issues of wages and pensions,
‘No meaningful progress’: Second full day of mediation ends between Boeing, union
As the strike of 33,000 union machinists continues, Boeing employees got the news they feared: layoffs are coming.
15h
on MSN
Boeing starts furloughing tens of thousands of employees amid machinist strike
CNBC's Joe Kernen reports on the latest news.
1d
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 ...
2d
Strike could cost Boeing $100 million-plus in daily revenue, analysts say
Northcoast Research estimates the total impact of the strike could reach $3 billion or more. "Boeing will most likely remove ...
3d
on MSN
Boeing freezes hiring and mulls temporary layoffs, citing machinists' strike
Boeing is freezing hiring across the company, citing a strike launched on Friday by 33,000 machinists at the airplane ...
2d
Boeing strike ‘hard to predict’ but ‘not a matter of days’: Rep. Adam Smith
Wash., says Boeing employees “have put up with a lot for a long time” while shareholders are “consistently rewarded.” ...
6h
Boeing St. Louis employees get furlough notices
The union has a lot of power, has a lot of historical grievances and it wouldn’t cost Boeing that much to give them more of ...
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 ...
TravelPulse
1d
Boeing Strike Could Have Far-Reaching Ramifications
“Boeing has every incentive to negotiate a deal in good faith, and within a short time frame,” analysts from RBC Capital ...
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furloughs
Kelly Ortberg
International Association of Machinists and Aerospace Workers
Seattle
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