Similar Stories to Boeing Ceo Says The Company Will Furlough A ‘large Number’ Of Employees To Preserve Cash During Strike on Bing News

David Koenig, Chicago Tribune: Business
Thu, 09/19/2024 - 3:17pm

Boeing’s CEO said Wednesday that the company will begin furloughing “a large number” of employees to conserve cashduring the strike by union machinists that began last week. Chief Executive Kelly Ortberg said the people who would be required to take time off without pay starting in the coming days include executives, managers and other employees based in the U.S. “While this is a tough decision that impacts everybody, it is in an effort to preserve our long-term future and help us navigate through this very difficult time,” Ortberg said in a company-wide message to staff. Boeing didn’t say how many people will face rolling furloughs, but the number is expected to run into the tens of thousands.

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Boeing CEO says the company will furlough a ‘large number’ of employees to preserve cash during strike
Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists.
09/19/2024 - 11:20 am | View Link
Strike at Boeing: CEO threatens employees with unpaid furloughs
On the sixth day of the labor dispute paralyzing part of the American aircraft manufacturer's production, CEO Kelly Ortberg announced that tens of thousands of employees would soon be furloughed.
09/19/2024 - 9:11 am | View Link
Boeing set to start large-scale furloughs due to machinists strike
Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week.
09/18/2024 - 11:14 pm | View Link
Boeing to temporarily furlough employees as strike continues, says CEO
Two days after announcing a hiring freeze, Boeing plans to begin to furlough employees on a rolling basis as strike action continues.
09/18/2024 - 10:28 pm | View Link
Boeing CEO says company will furlough employees during labor strike
Boeing's CEO said Wednesday that the company will begin furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week.
09/18/2024 - 10:00 pm | View Link
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Similar Stories to Boeing Ceo Says The Company Will Furlough A ‘large Number’ Of Employees To Preserve Cash During Strike on Bing News

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