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

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​.

Boeing lays off workers as no progress made on strike

Boeing has said it will temporarily lay off tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its best-selling 737 MAX and other airplanes.

Boeing says it's going to start furloughing 'a large number' of its white-collar employees amid strike

Boeing will temporarily furlough US-based employees following a strike.Stephen Brashear/Getty ImagesBoeing is slated to furlough thousands of employees after 30,000 workers began a strike last week.The strike halted production of key planes like the 737 MAX.Boeing's last strike in 2008 caused significant revenue losses, highlighting the high stakes.On Wednesday, Boeing announced it will be temporarily furloughing a "large number" of white-collar…

Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms - Boeing (NYSE:BA)

Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a machinists union strike. What Happened: In a memo to employees, Boeing CEO Kelly Ortberg stated that the furloughs, affecting U.S.-based executives, managers, and employees, will occur one week out of every four until the strike concludes. Ortberg and his leadership team will also take pay cuts, The Washington Post report…

Boeing blames strike for furloughs

As the Boeing machinists strike goes into its sixth day, the company is announcing temporary furloughs. In a message to employees, Boeing President and CEO Kelly Ortberg said the furloughs will impact executives, managers and employees. Related news: As machinists strike continues, Boeing employees hear layoffs are imminent Ortberg also said he and his leadership team will take a “commensurate pay reduction” for the duration of the strike. Worke…

Boeing to Furlough Workers to Save Cash as Machinists Strike Lingers On

Boeing will require employees to take unpaid leave as part of cost-cutting measures in response to a strike that’s about to enter its second week. In a memo sent out on Sept. 18, Boeing CEO Kelly Ortberg said the furlough would be temporary and affect “a large number” of executives, managers, and other employees in the United States. The Virginia-based aerospace giant had a workforce of 171,000 at the start of the year. The affected employees wi…