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Boeing starts furloughing tens of thousands of employees amid machinist strike
07:33am, Thursday, 19'th Sep 2024
CNBC's Joe Kernen reports on the latest news.
Boeing says it's going to start furloughing 'a large number' of its white-collar employees amid strike
02:19am, Thursday, 19'th Sep 2024
Boeing 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.
Talks between Boeing, striking union stall without a deal
11:01pm, Wednesday, 18'th Sep 2024
Contract talks between Boeing and its largest union stalled on Wednesday after both sides failed to reach an agreement on key issues in presence of federal mediators.
Ducommun: Aerospace Growth And Strategic Restructuring Amid Boeing Challenges
10:31pm, Wednesday, 18'th Sep 2024
Ducommun continues to report revenue growth for 2Q24, driven by both commercial aerospace and military end markets. Additionally, margins expanded, driven by engineered products, pricing actions, and
Boeing strike fallout continues with staff furloughs
04:56pm, Wednesday, 18'th Sep 2024
Boeing announced that in addition to a hiring freeze, it would be furloughing thousands of employees due to the ongoing machinist strike. Transcript: Conway Gittens: Here's what we're watching on TheS
Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'
04:50pm, Wednesday, 18'th Sep 2024
After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be necessary to keep the company afloat.
Boeing outlines plans to preserve cash amid strike
02:15pm, Wednesday, 18'th Sep 2024
Furloughs for employees and pay cuts for executives are coming at Boeing.
Boeing Resuming Negotiations With 'Frustrated' Union Partner Amid Strike
01:29pm, Wednesday, 18'th Sep 2024
Boeing (BA) and its largest union partner are resuming contract negotiations with federal mediators present Wednesday, the International Association of Machinists and Aerospace Workers (IAM) said in a
Boeing to Begin Temporary Layoffs Because of Strike
01:19pm, Wednesday, 18'th Sep 2024
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists' union.
Boeing Will Furlough Non-Union Employees As Strike Continues
01:17pm, Wednesday, 18'th Sep 2024
Boeing will furlough its executives, managers and other white-collar employees one week of every four for the duration of a strike that union employees voted to authorize last week amid negotiations o
Boeing to furlough ‘large number' of employees amid factory strike
01:15pm, Wednesday, 18'th Sep 2024
Move comes after about 33,000 workers in Pacific north-west began strike on Friday
Boeing to furlough ‘large number' of US executives after 30K workers strike
12:40pm, Wednesday, 18'th Sep 2024
Ortberg also said he and other Boeing leaders "will take a commensurate pay reduction for the duration of the strike."
Boeing to start large temporary furloughs amid Seattle strike
12:27pm, Wednesday, 18'th Sep 2024
Boeing said Wednesday it would start temporary furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that has shuttered Seattle manufacturing plants.
Boeing to temporarily furlough large number of US executives
12:01pm, Wednesday, 18'th Sep 2024
Boeing CEO Kelly Ortberg said Wednesday the planemaker will temporarily furlough numerous U.S. executives and other employees after about 30,000 machinists went on strike Friday, halting production of
Boeing starts furloughing 'large number' of employees as machinist strike continues
11:55am, Wednesday, 18'th Sep 2024
Boeing's CFO Brian West earlier this week said the company has frozen hiring and raises to cut costs, and would let "non-essential contractors" go temporarily. The cost-cutting measures come after mor
