Selected employees will take one week of furlough every four weeks on a rolling basis, Kelly Ortberg, the CEO of Boeing, ...
Two days after announcing a hiring freeze, Boeing plans to begin to furlough employees on a rolling basis as strike action ...
Boeing didn’t say how many people will face rolling furloughs, but the number is expected to run into the tens of thousands. The aerospace giant had 171,000 employees at the start of the year.
(Reuters) -Boeing said on Wednesday the planemaker will temporarily furlough tens of thousands of employees after about ...
Boeing asked to include SPEEA employees in company-wide furloughs, despite a stipulation in the union contract that prevents ...
An executive said “our business faces substantial challenges and it is important that we take difficult steps to preserve ...
The Boeing Co. (NYSE: BA) has begun to distribute furlough notices to white-collar employees in the St. Louis area as the aerospace and defense giant faces a cash squeeze that could jeopardize its ...
Boeing’s CEO said Wednesday that the company will begin furloughing “a large number” of employees to conserve cash during the ...
Boeing didn’t say how many people will face rolling furloughs, but the number is expected to run into the tens of thousands. The aerospace giant had 171,000 employees at the start of the year.