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Boeing starts furloughing ‘large number’ of employees as machinist strike continues

  • Boeing will begin furloughing “a large number” of employees to conserve cash during the ongoing strike by union machinists, as stated by CEO Kelly Ortberg.
  • The furloughed employees will retain benefits and take one week off every four weeks during the strike.
  • Boeing and the International Association of Machinists are engaged in ongoing negotiations mediated by federal representatives, but no breakthrough has been reached yet.
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ReutersReuters

Boeing to temporarily furlough large number of US executives

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.

·United Kingdom
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Associated Press NewsAssociated Press News

Boeing CEO says the company will begin furloughs soon to save cash 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 layoffs would be temporary and affect executives, managers and other employees. About 33,000 Boeing factory workers in the Pacific Northwest began a strike Friday after rejecting a proposal to raise pay by 25% over four years. They wan…

·United States
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USA TodayUSA Today

'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.

·United States
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CNNCNN

Boeing is reducing executive pay and furloughing nonunion workers during the strike

Boeing is temporarily furloughing executives and other nonunion workers to save cash during the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg told employees in an email Wednesday.

·Atlanta, United States
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CNBCCNBC

Boeing starts furloughing tens of thousands of employees amid machinist strike

Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO Kelly Ortberg told employees on Wednesday.

·United States
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CBS NewsCBS News

Boeing set to start large-scale furloughs due to machinists strike

Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week​.

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