In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...
HM Dunn AeroSystems CEO Phil Anderson said he's seeing a lack of diversification and balance sheet issues impact some local ...
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More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
About 33,000 workers at the aerospace manufacturer had been on strike for nearly two months, having rejected two earlier ...
CFO Irene Esteves warned, in a Friday message to employees, that if the Boeing (NYSE: BA) strike "extends beyond Thanksgiving, additional workforce actions, including furloughs and layoffs ...
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier's cash and inventory ...
The strike began Sept. 13 when more than 94% of workers voting rejected an offer of 25% over four years. The union rejected ...
The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who ...
The deal includes pay raises of 38% over four years, and ratification and productivity bonuses. Boeing refused to meet a ...
Spirit AeroSystems warns that if the strike continues past November, further cost-saving measures, including layoffs, may be necessary. On Friday, Spirit Aerosystems announced employee furloughs ...
However, the immediate cash crunch from the strike that triggered the furloughs was eased late last month when Boeing raised more than $21 billion by selling stock and stock-linked bonds.
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