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Boeing, strike
The strike could cost Boeing more than $1 billion. But that could be the least of its problems
For a company that has lost $33 billion since 2019, a strike that virtually halts production of its major product is the last thing it needs. But that’s the reality for embattled aircraft maker Boeing.
Boeing says it’s considering temporary layoffs to save cash during the strike by machinists
Boeing says it’s considering temporary layoffs to save cash during the strike by machinists. The company told employees Monday that it will freeze hiring, reduce travel and reduce spending on suppliers.
Strike could cost Boeing $100 million-plus in daily revenue, analysts say
Boeing could lose over $100 million in daily revenue until it reaches a settlement with its union that represents more than 30,000 workers, analysts said on Monday.
Marketplace
1h
East Coast port strike could coincide with holiday shipping and shopping
Bargaining over pay and automation has stalled, causing a possible work stoppage. Big retailers may have an edge if supply ...
5h
on MSN
Boeing freezes hiring and executives’ first-class travel as massive strike continues
With a massive ongoing strike, Boeing is making some temporary cutbacks that could hit non-union staff hard. Boeing Chief ...
13h
Boeing and union negotiators to resume talks next week amid strike, federal mediators say
Boeing and union negotiators will return to the bargaining table early next week, U.S. federal mediators said on Friday, as ...
New York Post on MSN
5h
Boeing freezes hiring after strike spurs drastic measures to save cash
Boeing said it is freezing hiring and weighing temporary furloughs in the coming weeks to manage costs as a
strike
by more ...
The New York Times
23h
Boeing Will Cut Spending as Strike Takes Financial Toll
More than 33,000 Boeing workers went on
strike
last week after rejecting a tentative contract the company had negotiated ...
6h
on MSN
'I live paycheck to paycheck': Boeing strike continues as company plans to reduce spending
Boeing factory workers continue to strike as they demand a larger raise and better pension contributions from the company.
3h
on MSN
Boeing Details Immediate Cutbacks Amid 'Difficult' Workers' Strike
On Monday, Boeing Chief Financial Officer Brian West sent a memo to employees stating that the company will be making ten immediate cutbacks. In the memo, some of the cutbacks included a hiring freeze ...
4h
on MSN
Nurses at Faulkner Hospital in JP plan strike for October
Faulkner nurses say they've been fighting for pay similar to what nurses make elsewhere in the Mass General Brigham system.
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