Boeing starts furloughing 'large number' of employees as machinist strike continues
BABoeing(BA) CNBC·2024-09-18 23:55

Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024.Boeing will furlough a "large number" of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO Kelly Ortberg told employees on Wednesday.The plan came less than a week after Boeing's more than 30,000 machinists in the Seattle area and Oregon voted down a new labor contract and 96% voted to strike, wal ...