Boeing to refund lost pay to employees furloughed during Machinists strike
5 days ago · However, the immediate cash crunch from the strike that triggered the furloughs was eased late last month when Boeing raised more than $21 billion by selling stock and stock-linked bonds. And with ...
Boeing union workers end strike after voting to accept new …
Nov 5, 2024 · Union machinists voted on Monday to accept the company’s latest contract offer, which includes a 38% pay raise over four years. Eep Bolaño listens as IAM District 751 president Jon Holden announces that the union voted to accept a new contract offer from Boeing, Monday, Nov. 4, 2024, at their union hall in Seattle.
Striking Boeing workers to vote on 38% pay rise deal on Monday
Oct 31, 2024 · Striking Boeing workers on the US West Coast will vote on an improved contract offer on Monday, which includes a 38% pay rise over four years and a bigger signing bonus, their union said on...
Boeing is reducing executive pay and furloughing nonunion …
Sep 18, 2024 · Boeing is temporarily furloughing executives and other nonunion workers to save cash during the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg told...
Boeing will begin furloughs soon to save cash during labor strike | AP News
Sep 18, 2024 · 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.
Boeing set to start large-scale furloughs due to machinists strike
Sep 19, 2024 · About 33,000 Boeing factory workers in the Pacific Northwest began a strike Friday after rejecting a proposal to raise pay by 25% over four years. They want raises of at least 40%, the return of...
Boeing Workers to Vote on New Wage Deal That Could End Strike - U.S. News
Oct 19, 2024 · Economists estimate that the strike and rolling weekly furloughs of non-striking workers as well as temporary layoffs at Boeing's suppliers subtracted as many as 50,000 jobs from nonfarm payrolls ...
Boeing starts furloughing tens of thousands of employees ... - NBC News
Sep 18, 2024 · Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO Kelly Ortberg told...
Boeing furloughs thousands as no progress made to resolve strike
Sep 19, 2024 · Sept 18 (Reuters) - Boeing (BA.N) said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of...
Boeing to furlough tens of thousands of workers as Machinists strike …
Sep 18, 2024 · In response to the Machinists strike, Boeing on Wednesday said it will institute rolling unpaid furloughs for tens of thousands of nonunion employees for the duration of the strike, which...