Nonunion employees will experience one-week furloughs every four weeks as the troubled planemaker struggles to conserve cash.
Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current ...
KEY TAKEAWAYS Boeing CEO Kelly Ortberg told staffers that the airplane maker is temporarily furloughing employees based in ...
Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union ...
Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on ...
CEO Kelly Ortberg says he will take a pay cut. Credit-ratings firms have warned of a downgrade.
As the Boeing machinists strike goes into its sixth day, the company is announcing temporary furloughs, blaming the strike.
Selected employees will take one week of furlough every four weeks on a rolling basis, Kelly Ortberg, the CEO of Boeing, ...
A protracted labor battle could cost Boeing several billion dollars, further straining finances and threatening its credit ...
The temporary furloughs will affect a large number of Boeing's executives, managers, and employees. . Boeing furloughs tens ...
Despite ongoing negotiations between Boeing and the union, with a mediator involved, no resolution has been reached yet.
As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.