Boeing, strike
Read the memo Boeing sent employees about negative impact of strike
Boeing has just informed employees that there will be some tough changes at the company while it faces a strike from workers.
Boeing CEO Announces Furloughs Amid Union Strike Over Pay Dispute
Boeing CEO Kelly Ortberg announced Wednesday that the company will begin furloughing employees in an effort to conserve cash amid a union strike over a pay dispute. In a message to staff, Ortberg said the company would begin furloughing "a large number" of employees,
Boeing West Coast strike may affect thousands in St. Louis
Although they are thousands of miles away from the Midwest, Boeing workers striking on the west coast could impact more than 15,000 St. Louis Boeing employees. Boeing workers are striking after a memo from Boeing’s Chief Financial Officer,
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.”
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.
Boeing lays off thousands of executives, managers and non-union staff 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 starts furloughing 'large number' of employees as machinist strike continues
Boeing's CFO Brian West earlier this week said the company has frozen hiring and raises to cut costs, and would let "non-essential contractors" go temporarily. The cost-cutting measures come after more than 30,
Boeing CEO says company will furlough employees during labor strike
Boeing's CEO said Wednesday that the company will begin furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week. Chief Executive Kelly Ortberg said the people who would be required to take time off without pay starting in the coming days include executives,
Boeing Details Immediate Cutbacks Amid 'Difficult' Workers' Strike
On Monday, Boeing Chief Financial Officer Brian West sent a memo to employees stating that the company will be making ten immediate cutbacks. In the memo, some of the cutbacks included a hiring freeze ...
Boeing Will Cut Spending as Strike Takes Financial Toll
More than 33,000 Boeing workers went on strike last week after rejecting a tentative contract the company had negotiated with ...
CFO3d
Boeing CFO says strike’s financial impact depends on its duration: Trial Balance
After making aggressive goals around free cash flow and manufacturing numbers, Boeing CFO Brian West says the company wants to “hammer out” a deal.
'I live paycheck to paycheck': Boeing strike continues as company plans to reduce spending
Boeing factory workers continue to strike as they demand a larger raise and better pension contributions from the company.
Boeing details cost-cutting measures tied to ongoing strike
In an employee memo issued on Monday, Boeing CFO Brian West said the company is implementing a hiring freeze along with other ...
Defense News on MSN6d
Massive Boeing machinist strike hits KC-46 tanker production
Boeing's CFO said the strike will affect a facility working on the KC-46 and increase the program's cost pressures.
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 ...
Boeing execs barred from flying business class to save money during strike
In a memo to employees on Monday, Boeing CFO Brian West outlined the steps that the company is taking to cut costs during a ...