Nonunion employees will experience one-week furloughs every four weeks as the troubled planemaker struggles to conserve cash.
Boeing CEO Kelly Ortberg said Wednesday the planemaker will temporarily furlough numerous U.S. executives and other employees ...
Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union ...
CEO Kelly Ortberg says he will take a pay cut. Credit-ratings firms have warned of a downgrade.
KEY TAKEAWAYS Boeing CEO Kelly Ortberg told staffers that the airplane maker is temporarily furloughing employees based in ...
Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current ...
Boeing said Wednesday it would start furloughs of professional and white-collar staff as it seeks to conserve cash amid a ...
Selected employees will take one week of furlough every four weeks on a rolling basis, Kelly Ortberg, the CEO of Boeing, ...
Despite ongoing negotiations between Boeing and the union, with a mediator involved, no resolution has been reached yet.
CEO Kelly Ortberg said the company needs to take "difficult steps" to preserve cash while the machinist strike continues.
Boeing said on Wednesday (Sep 18) it would start furloughs of professional and white-collar staff as it seeks to conserve ...
Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union ...