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Boeing, Strike
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 new 52-week lows on Friday as a labor dispute involving its largest unionized workforce — the International Association of Machinists and Aerospace Workers (IAM) — was set to enter into a second week.
Boeing starts furloughs for thousands as strike continues
Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike last week, halting production of the U.S. planemaker's best-selling 737 MAX and other jets.
Boeing Furloughs Thousands as Strike Resolution Makes No Progress
Nonunion employees will experience one-week furloughs every four weeks as the troubled planemaker struggles to conserve cash.
Boeing begins furloughs in response to strike by 33,000 machinists
Boeing employees still working received a notice on the furloughs Wednesday, which noted that it will encompass tens of thousands of nonunion employees for the duration of strike.
Boeing furloughs thousands as strike drags on
Boeing said today it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its 737 MAX and other airplanes.
Boeing lays off thousands of executives, managers, non-union contractors amid strike
Boeing said Wednesday it is temporarily laying off tens of thousands of managers, executives and non-union contractors as the strike by 33,000 union members continues.
Boeing union president on company's response to strike
Boeing announced this week it is reducing executive pay and furloughing non-union employees during a strike by 33,000 union members.
Boeing stock sags despite Fed rally, company furloughs workers amid strike
Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current shareholders.
2d
on MSN
Boeing set to start large-scale furloughs due to machinists strike
Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union ...
5h
on MSN
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 ...
1d
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, ...
19h
A strike by Boeing factory workers shows no signs of ending after its first week
A labor strike at Boeing showed no signs of ending Friday, as the walkout by 33,000 union machinists entered its eighth day ...
MyNorthwest.com
2d
Boeing blames strike for furloughs while numbers show past debt
As the Boeing machinists strike goes into its sixth day, the company is announcing temporary furloughs, blaming the strike.
AFP on MSN
3d
Boeing to start large-scale furloughs with Seattle strike talks stalled
Boeing said Wednesday it would start temporary furloughs of professional and white-collar staff as it seeks to conserve cash ...
KUOW
2d
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.
1d
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 ...
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