Boeing begins layoffs amid labor union strike, controversy over CEO's home purchase: 'Very difficult time'
BABoeing(BA) Fox Business·2024-09-19 04:50

Boeing is beginning a series of furloughs in response to its largest labor union going on strike, according to a statement released to employees on Wednesday.The strike involves over 33,000 workers in the Seattle area and began on Friday after unions overwhelmingly refused tentative contract negotiations provided by the company.CEO Kelly Ortberg, who took on the role of chief executive last month, emailed all employees on "temporary furloughs" this morning.CEO OF BOEING CLOSES ON $4.1M SEATTLE HOME AMID FAC ...