On the sixth day of the labor dispute paralyzing part of the American aircraft manufacturer's production, CEO Kelly Ortberg ...
Boeing's CEO says the company will begin furloughs to conserve cash during the strike by union machinists. The furloughs are ...
KEY TAKEAWAYS Boeing CEO Kelly Ortberg told staffers that the airplane maker is temporarily furloughing employees based in ...
CEO Kelly Ortberg said the company needs to take "difficult steps" to preserve cash while the machinist strike continues.
Pay is at the centre of the latest dispute. Boeing offered its employees a 25% rise over four years; its workers are ...
U.S. stock futures rally after Fed's jumbo rate cut, Boeing furloughs staff, and FedEx reports results after the bell. Here's ...
Selected employees will take one week of furlough every four weeks on a rolling basis, Kelly Ortberg, the CEO of Boeing, ...
CEO Kelly Ortberg says he will take a pay cut. Credit-ratings firms have warned of a downgrade.
Last week, 96% of the 33,000 Boeing machinists voted to reject a new contract and instead strike. Though negotiations have continued, the union is still unsatisfied with the new offers. In response, ...
The company, which is a major employer in San Antonio, is taking measures to conserve cash during the strike by union ...
As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.
"With production paused across many key programs in the Pacific Northwest, our business faces substantial challenges and it ...