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Boeing, strike
Boeing stock at 52-week lows as plane maker furloughs workers to preserve cash
After a tumultuous year, the last thing Boeing needed was a union strike. Shares of the aircraft manufacturing giant touched new 52-week lows on Friday as a labor dispute involving its largest unionized workforce — the International Association of Machinists and Aerospace Workers (IAM) — was set to enter into a second week.
Boeing furloughs begin on Friday for thousands in Pacific Northwest
Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike last week, halting production of the U.S. planemaker's best-selling 737 MAX and other jets.
Boeing blames strike for furloughs while numbers show past debt
As the Boeing machinists strike goes into its sixth day, the company is announcing temporary furloughs, blaming the strike.
15h
Boeing angers another union by asking to include SPEEA employees in furloughs
Boeing asked to include SPEEA employees in company-wide furloughs, despite a stipulation in the union contract that prevents ...
Investopedia on MSN
2d
Boeing Furloughs Staff as Cash-Crippling Strike Continues
The
furloughs
will "impact a large number of U.S.-based executives, managers and employees," said Ortberg, who has been ...
2d
on MSN
Boeing furloughs thousands as no progress made to resolve strike
Boeing CEO Kelly Ortberg said Wednesday the planemaker will temporarily furlough numerous U.S. executives and other employees ...
2d
Boeing Braces For Turbulence As Strikes, Furloughs Send Stock Sliding, Bearish Signals Prevail
Boeing's stock has been affected by a machinist strike, causing furloughs and tensions. Stock price is below EMAs and SMA, ...
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Washington
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Kelly Ortberg
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