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Boeing, strike
The strike could cost Boeing more than $1 billion. But that could be the least of its problems
For a company that has lost $33 billion since 2019, a strike that virtually halts production of its major product is the last thing it needs. But that’s the reality for embattled aircraft maker Boeing.
Boeing’s CFO wants to cut costs but it could be a risky maneuver
In response, CFO Brian West is to cut costs. But will doing so risk creating long-term damage in the form of employee morale sinking even lower? The latest ordeal for Boeing began on Thursday when about 33,
Strike could cost Boeing $100 million-plus in daily revenue, analysts say
Boeing could lose over $100 million in daily revenue until it reaches a settlement with its union that represents more than 30,000 workers, analysts said on Monday. The Seattle-area Boeing workers who build the planemaker's most popular 737 MAX and other jets in factories on the U.
1d
on MSN
Boeing furloughing thousands as negotiations continue with striking machinists
The furloughs are part of sweeping cost-cutting measures Boeing announced this week as it continues negotiations with ...
1d
on MSN
Boeing temporarily suspends tens of thousands of workers amid machinist strike
Boeing is furloughing tens of thousands of workers amid a major machinist strike. Last week, 96% of the 33,000 Boeing ...
2d
Boeing to furlough tens of thousands of workers as Machinists strike bites
Affected employees will take one week of furlough every four weeks on a rolling basis as long as the strike lasts.
MyNorthwest.com
2d
As machinists strike continues, Boeing employees hear layoffs are imminent
As the strike of 33,000 union machinists continues in Washington state, Boeing employees received the news they feared: ...
3d
What is a furlough? Boeing CFO hints at temporary WA layoffs amid union strike
WASHINGTON - In a memo sent to employees Monday, Boeing CFO Brian West hinted at the possibility of furloughs for Washington ...
1d
on MSN
Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms
Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...
3d
Generations of workers coveted Boeing jobs. Strike reveals how much has changed.
Striking workers say a sense of shared prosperity has all but evaporated in the past two decades as company managers focused ...
3d
on MSN
Boeing says it's considering temporary layoffs to save cash during the strike by machinists
SEATTLE -- Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory ...
4d
Boeing strike: bosses bruised, blindsided and on brink of crisis
Boeing, which dominates the global planemaking market with European rival Airbus (AIR.PA), has been wrestling with production ...
Truthout
3h
Biden Joined the UAW Picket Line Last Year. Will He Do the Same With Boeing?
The Boeing strike is the latest test of the Biden-Harris administration’s labor agenda, with more challenges on the way.
6d
‘We want what’s fair’: Boeing workers on strike in Washington take to the picket lines
Standing on the picket line outside Boeing’s Everett plant on Friday, Phil Westburg said not much has improved for aircraft ...
3h
How Boeing and Intel went from market kings to paupers
Boeing and Intel suffered stock price losses due to poor management and bad decisions. Boeing put profit before safety, Intel misjudged the GPU-CPU contest.
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