A strike by Boeing factory workers shows no signs of ending after its first week
Boeing has started rolling furloughs of nonunion employees as a week-old labor strike by 33,000 union machinists shows no signs of ending.
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.
Boeing temporarily suspends tens of thousands of workers amid machinist strike
Boeing is furloughing tens of thousands of workers amid a major machinist strike. Last week, 96% of the 33,000 Boeing machinists voted to reject a new contract and instead strike. Though negotiations have continued,
Boeing to begin furloughs, leadership takes a pay cut, as machinist strike continues
As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.
Boeing preps to furlough executives, managers as machinist strike nears
Boeing will furlough tens of thousands of its executives, managers and others as more than 30,000 machinists intend to go on strike Friday in Seattle and Oregon.
Boeing Furloughs Tens of Thousands Amid Machinist Strike
Boeing will temporarily furlough tens of thousands of US-based employees due to a machinist strike halting production of key aircraft models. The company faces financial strain with $60 billion of debt and a 40% stock drop this year.
Boeing’s machinist union chief is said to expect worker strike
“The response from people is it’s not good enough,” Jon Holden, president of the International Association of Machinists District 751, said in an interview with the Seattle Times. “Right now, I think it will be voted down, and our members will vote to strike.”
Boeing Co.'s Expected Recovery Will Likely Be Delayed Due To The Announced Strike By Its Machinist Union
S&P Global Ratings today said the announcement that Boeing Co.'s (BBB-/Negative/A-3) machinist union rejected a contract offer and voted to strike does not immediately
Boeing furloughs workers as negotiations continue with striking machinists
The furloughs are part of sweeping cost-cutting measures Boeing announced this week as it continues negotiations with striking machinists.
Hit by strike, Boeing flies in out-of-state janitors, applies furloughs broadly
A few of the incoming workers, who have relocated here for the duration of the strike, said they had arrived from Alabama, Mississippi and Texas.
Strike by Boeing union machinists nears second week
As the strike nears its second week, union machinists keep up their picketing outside of a Boeing factory in Washington state.
Boeing Machinist Strike Adds Cash Crunch to New CEO’s Rescue Mission
Ratings firms are warning that a prolonged work stoppage could sink the jet maker’s debt into junk status.
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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.
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They 'have fueled so much of Boeing's success.' Washington officials react to machinist strike
It didn't take long after news broke that Boeing machinists were going on strike for state and federal officials to start ...
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Boeing temporarily suspends tens of thousands of workers amid machinist strike
Boeing is furloughing tens of thousands of workers amid a major machinist strike. Last week, 96% of the 33,000 Boeing machinists voted to reject a new contract and instead strike. Though ...
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 ...