Boeing to furlough ‘large number' of employees amid factory strike
BABoeing(BA) The Guardian·2024-09-19 01:15

Boeing’s CEO said on Wednesday that the company would begin furloughing “a large number” of employees to conserve cash during the strike by union machinists that began last week.The chief executive, Kelly Ortberg, said the layoffs would be temporary and affect executives, managers and other employees.About 33,000 Boeing factory workers in the Pacific north-west began a strike on Friday after rejecting a proposal to raise pay by 25% over four years. They want raises of at least 40% and other improvements in ...