Boeing shares slipped on Monday as the planemaker grapples with an ongoing strike and a ballooning threat to its bottom line. Chief Financial Officer Brain West, in a letter to employees, outlined the risks facing the company while also announcing a hiring freeze as well as a delay in pay hikes for salaried workers. Read his memo to Boeing's rank and file below. Ticker Security Last Change Change % BA THE BOEING CO. 156.07 -0.69 -0.44% BOEING CEO'S CONTROVERSIAL HOME PURCHASE Memo to Boeing Employees Team, ...

Boeing is freezing recruitment and drawing up plans to furlough “many” employees as the aerospace giant scrambles to curb spending after tens of thousands of its workers went out on strike.Warning that the industrial action “jeopardizes our recovery in a significant way”, the US planemaker said it would pause most employee travel and suspend non-essential capital expenditures.About 33,000 Boeing workers walked off the job early on Friday after voting overwhelmingly to strike for higher pay. The company’s ne ...

Boeing said it is freezing hiring and weighing temporary furloughs in the coming weeks to manage costs as a strike by more than 30,000 Boeing workers who build planes in factories on the West Coast stretched into its fourth day on Monday.“I know that these actions will create some uncertainty and concern,” Boeing CFO Brian West wrote in a letter to employees shared on Monday. “This strike jeopardizes our recovery in a significant way and we must take necessary actions to preserve cash and safeguard our shar ...

Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024.Boeing announced sweeping cost cuts on Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to preserve cash as it deals with a strike of more than 30,000 factory workers.Boeing factory workers, mostly in the Seattle area, started walking off the job early Friday after overwhelmingly rejecting a tentative labor d ...

The S&P 500 has been trading within 10% of its all-time high price, which means most investors and stocks could be doing great by following the overall market trend. However, that’s not the case today, as some names have significantly fallen behind the broader market. While some might dismiss these stocks as underperformers, others will see them as opportunities.To start filtering for stocks that could pose a potential opportunity in the future, investors should look for bearish price action, particularly r ...

文章核心观点 - 波音公司在西雅图地区的工人于2024年9月13日罢工 [1] - 波音公司与罢工的美国工厂工人的谈判将在联邦调解员的主持下于周二恢复 [1][2] - 工人以96%的投票率投票罢工,拒绝了波音提出的临时合同提议 [2] - 这是波音公司16年来首次发生罢工,上一次罢工持续了57天 [2] - 罢工导致波音737 MAX和777两大机型的装配工厂停工,进一步延误了公司的扭转努力 [2] 公司概况 - 新任CEO凯利·奥特伯格希望通过提供25%的4年涨薪和承诺投资普吉特海湾地区来解决问题 [3] - 但普通工人认为这只是一次敷衍的提议,因为他们近十年来的工资几乎没有涨过 [3] 行业分析 - 这次罢工进一步加剧了波音公司的财务压力,也给整个航空制造业带来了不确定性 [2]

文章核心观点 - 波音公司的33,000名机械工人在太平洋西北地区罢工,拒绝接受公司提出的4年内工资增加25%的合同提议 [1][2] - 这次罢工将导致波音最畅销的客机生产停滞,给这家公司带来更多财务损失和声誉损害 [1][7] - 波音公司正在采取措施保留现金,同时首席执行官正在寻求与工会达成可接受的合同 [2][5] 根据相关目录分别进行总结 工人诉求 - 工人认为工资涨幅25%不足以跟上当地生活成本的大幅上涨 [3][4] - 工人不满公司改变年度奖金计算标准 [4] - 工人要求恢复10年前取消的传统养老金计划 [4] 公司应对 - 公司与工会达成的临时协议被工人大比例否决,公司表示将重新与工会谈判 [2][5] - 公司首席财务官表示将采取措施保留现金,但无法估算罢工的财务影响 [5] - 新任CEO正在努力与工人沟通,寻求满足他们诉求的新协议 [6][8] 其他影响 - 这次罢工将影响波音737 Max、777和767货机的生产,但不会影响787梦想客机的生产 [7] - 这次罢工是新任CEO面临的又一挑战,公司在过去6年损失超过250亿美元,落后于空客 [7] - 政府表示将促进双方进行善意谈判,达成让员工获得应得利益的协议 [6]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Boeing Machinists Union members Dave Hendrickson, left, and Steven Wilson, right, on the picket line at the Renton assembly plant, Friday, Sept. 13, 2024, in Renton, Wash. Credit: AP Photo/John Froschauer Blue-collar workers from Boeing walked picket lines in the Pacific Northwest instead of building airplanes on Friday after th ...

A strike beginning Friday by more than 30,000 of Boeing’s West Coast factory workers will make it harder for the planemaker to meet a 737 MAX production target and stabilize its supply chain, CFO Brian West said Friday.West also told the Morgan Stanley Laguna Conference he expects third-quarter margins from the company’s defense and space unit to be negative, similar to those in the second quarter.Boeing shares slid 4% on Friday. 3 Boeing factory workers gather on a picket line during the first day of a s ...

BofA Securities analyst Ronald J. Epstein reiterated a Neutral rating on Boeing Company BA, with a price forecast of $200.The analyst views Boeing as particularly vulnerable, noting that the company has delayed its 737 production rate increase from 42 per month, originally set for September 2024, to March 2025.A prolonged strike could further worsen the company’s current difficulties, Epstein added.However, if the Spirit AeroSystems strike and subsequent contract negotiations set a precedent, the strike cou ...