The mandatory unpaid leave of absence will affect US-based executives, managers and workers. Read more at straitstimes.com.
CEO Kelly Ortberg said the company needs to take "difficult steps" to preserve cash while the machinist strike continues.
Boeing will temporarily furlough thousands of U.S. executives, citing the ongoing machinist strike as the company races to ...
Two days after announcing a hiring freeze, Boeing plans to begin to furlough employees on a rolling basis as strike action ...
Despite ongoing negotiations between Boeing and the union, with a mediator involved, no resolution has been reached yet.
Boeing announced new plans to furlough a "large number" of employees to save money during the ongoing machinist strike.
In a message to all Boeing employees on September 18, President and CEO Kelly Ortberg announced, “temporary furloughs." ...
Boeing Co. is requiring many salaried workers to take unpaid leave to preserve cash as the planemaker digs in for contentious ...
Boeing Co. is requiring many salaried workers to take unpaid leave to preserve cash as the planemaker digs in for contentious ...
Ortberg also said he and other Boeing leaders “will take a commensurate pay reduction for the duration of the strike.” ...
Boeing Co says it’s instituting a range of cost-cutting measures as the planemaker prepares for a drawn-out and expensive ...
WASHINGTON - In a memo sent to employees Monday, Boeing CFO Brian West hinted at the possibility of furloughs for Washington ...