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Boeing strike, furloughs compound uneasiness for Spirit AeroSystems, other suppliersWhile the furloughs present issues for Boeing, the strike is having a bigger impact on suppliers like Spirit AeroSystems, halting the production of several Boeing airplanes.
Boeing is temporarily furloughing executives and other nonunion workers to save cash during the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg told ...
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.
Furloughs will affect US-based executives, managers and workers Union says no progress made in talks with federal mediators, no new talks scheduled Lengthy strike could cost billions, threaten ...
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Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss LoomsBoeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a machinists union strike. What Happened: In a memo to employees, Boeing ...
Jet-engine maker Pratt & Whitney, whose approximately 3,100 machinists in Connecticut went on strike in May, plans to ...
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 ...
By Nigel Duara. Newsom last imposed furloughs on state workers during the early months of the Covid-19 pandemic, when the economy tanked and the governor braced for a recession.
Boeing is temporarily furloughing executives and other nonunion workers to save cash during the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg told ...
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