Today: Sep 19, 2024

Boeing begins furloughing tens of 1000’s of staff amid machinist strike

Boeing begins furloughing tens of 1000’s of staff amid machinist strike
September 18, 2024



Staff with wooden indicators out of doors the Boeing Co. production facility right through a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Getty ImagesBoeing will furlough a “huge quantity” of U.S. executives, managers and different group of workers, mentioning the continued machinist strike as the corporate races to maintain money, CEO Kelly Ortberg instructed staff on Wednesday.The furloughs will impact tens of 1000’s of Boeing staff, an organization spokesperson mentioned.The plan got here lower than every week after Boeing’s greater than 30,000 machinists within the Seattle space and Oregon voted down a brand new exertions contract and 96% voted to strike, strolling off the process simply after middle of the night on Friday.Ortberg mentioned affected staff would take one week of furlough each 4 weeks for the strike’s period and he and his crew would take “commensurate” pay cuts during the strike.”Whilst it is a tricky choice that affects everyone, it’s as a way to maintain our long-term long run and assist us navigate via this very tough time. We can proceed to transparently keep up a correspondence as this dynamic state of affairs evolves and do all we will be able to to restrict this hardship,” Ortberg mentioned in his message.Boeing’s CFO Brian West previous this week mentioned the corporate would freeze hiring and raises to chop prices, and would let “non-essential contractors” cross briefly.That is breaking information. Please refresh for updates.Learn extra CNBC airline information

OpenAI
Author: OpenAI

Don't Miss

JetBlue to open airport lounges in New York and Boston in struggle for giant spenders

JetBlue to open airport lounges in New York and Boston in struggle for giant spenders

JetBlue planes at JFK’s Terminal 5 in New York.Leslie Josephs | CNBCJetBlue
Israel-Hamas struggle newest: Israel turns its focal point north towards Lebanon and Hezbollah

Israel-Hamas struggle newest: Israel turns its focal point north towards Lebanon and Hezbollah

Israel’s protection minister has declared the beginning of a “new segment” of