Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists.

Boeing is slated to furlough thousands of employees after 30,000 workers began a strike last week. The strike halted production of key planes like the 737 MAX. Boeing's last strike in 2008 caused ...

By The Associated Press 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 th… ...

Boeing said on Wednesday the planemaker will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its 737 MAX and other ...

The Boeing Co. (NYSE: BA) has begun to distribute furlough notices to white-collar employees in the St. Louis area as the aerospace and defense giant faces a cash squeeze that could jeopardize its ...

Boeing employees — including in San Antonio — to begin furloughs soon, CEO says The layoffs are part of corporate efforts to conserve cash during the strike by union machinists.

Boeing didn’t say how many people will face rolling furloughs, but the number is expected to run into the tens of thousands. The aerospace giant had 171,000 employees at the start of the year.

Boeing's CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists.