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

Topline Boeing will furlough its executives, managers and other white-collar employees one week of every four for the duration of a strike that union employees voted to authorize last week amid ...

Spirit AeroSystems will furlough about 700 workers to cut costs as the machinist strike at Boeing continues. The plane manufacturer on Friday said employees affected by the furloughs were working ...

On Thursday, Boeing CEO Kelly Ortberg told employees furloughed during the Machinists' strike the company will return the pay they lost.

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 ...

Boeing workers who were furloughed will be getting their paychecks back. Boeing CEO Kelly Ortberg made the announcement Thursday, saying employees who were furloughed during the seven-week strike ...

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 asked to include SPEEA employees in company-wide furloughs, despite a stipulation in the union contract that prevents them.

The plane manufacturer said the employees affected by the furloughs were working on Boeing’s 767 and 777 programs. The furlough will last for three weeks.

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.