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Boeing to repay furloughed staff
Boeing to repay furloughed staff, proceed with job cuts
Boeing CEO Kelly Ortberg said on Thursday that employees furloughed during a seven-week strike by factory workers would be repaid by the company for lost wages, but it would proceed with plans to cut about 10% of its global workforce.
Boeing Will Pay Furloughed Staff But Cut 10% Of Jobs After Settling Strike
Boeing began furloughing employees on a rolling basis in September. This was one of the measures that the plane maker enacted to save cash during the strike by over 33,000 unionized members in California,
Boeing to refund lost pay to employees furloughed during Machinists strike
In a goodwill gesture to
Boeing
employees who were furloughed ... aimed at reducing the company
workforce
by
10%
. Those are still in the works, with employees set to hear next week who will be
cut
. Advertising “We will continue forward with our ...
4d
on MSN
Striking Boeing machinists agree to new contract and end work stoppage
The Boeing Company and the International Association of Machinists and Aerospace Workers union agreed to a new contract to ...
8d
Boeing dismantles global diversity, equity and inclusion department, Bloomberg News reports
Sara Liang Bowen, who was a vice president in the department, announced earlier in the day on LinkedIn that she had left the ...
11d
Boeing And Striking Workers Restart Talks A Week After Union Voted To Reject Contract Offer
Both sides said the talks were held on Tuesday with support from the Biden administration’s top Labor official.
Flightglobal
9d
Boeing sweetens offer to striking machinists
The International Association of Machinists and Aerospace Workers (IAM) says it will vote on Boeing's latest contract offer ...
5d
on MSN
59% of Boeing machinists vote to accept company's latest contract offer, ending strike
Pressure is mounting as Boeing machinists vote on the company's latest contract offer that received a unanimous endorsement ...
13d
Boeing launches offering to raise roughly $19 billion to shore up finances
Boeing on Monday launched a stock offering that could raise roughly $19 billion as the planemaker looks to strengthen its ...
Crain's Chicago Business
11d
Boeing raises $21B in capital to repair balance sheet
Boeing Co. raised $21.1 billion in an expanded share sale, one of the largest ever by a public company, shoring up its ...
12d
on MSN
Boeing launches $19B share sale to thwart downgrade
The move comes as striking Machinists rejected a contract offer last week and company plans to cut the workforce by 10%.
9d
Boeing Dismantles Diversity Department, Bloomberg News Reports
(Reuters) - Boeing has dismantled its global diversity, equity and inclusion department, Bloomberg news reported on Thursday, ...
Afrotech on MSN
1d
Boeing Dissolves DEI Department Amid Workforce Cuts And New Labor Agreement
As of late October, Boeing’s global diversity, equity, and inclusion (DEI) department has ceased to exist. Bloomberg reported ...
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