Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms
Boeing 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 CEO Kelly Ortberg stated that the furloughs,