Boeing stock at 52-week lows as plane maker furloughs workers to preserve cash
After a tumultuous year, the last thing Boeing needed was a union strike. Shares of the aircraft manufacturing giant touched ...
Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch
Boeing is furloughing tens of thousands of white-collar employees in an effort to cut costs and avoid a credit-rating cut in ...
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Boeing Furloughs Staff as Cash-Crippling Strike Continues
The furloughs will "impact a large number of U.S.-based executives, managers and employees," said Ortberg, who has been ...
Boeing machinists on picket lines prepare for lengthy strike: 'I can last as long as it takes'
More than 30,000 Boeing machinists walked off the job Sept. 13. At a local union office outside Seattle, they prepared for ...
Boeing asks SPEEA union to voluntarily participate in furloughs. They said no
Boeing asked to include SPEEA employees in company-wide furloughs, despite a stipulation in the union contract that prevents ...
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 ...
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Boeing Already Lost More Than $500 Million During Strike
In fact, Boeing had to come up with $8 billion earlier this year just to cover expenses, and because of the strike has ...
The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
The strike at Boeing by 33,000 members of the International Association of Machinists union, which reaches its seventh day ...