Boeing and Intel suffered stock price losses due to poor management and bad decisions. Boeing put profit before safety, Intel misjudged the GPU-CPU contest.
The furloughs are part of sweeping cost-cutting measures Boeing announced this week as it continues negotiations with ...
Affected employees will take one week of furlough every four weeks on a rolling basis as long as the strike lasts.
The company has about 170,000 employees nationwide, with nearly 67,000 in Washington, per Business Journal research. Selected ...
SEATTLE -- Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory ...
WASHINGTON - In a memo sent to employees Monday, Boeing CFO Brian West hinted at the possibility of furloughs for Washington ...
Striking workers say a sense of shared prosperity has all but evaporated in the past two decades as company managers focused ...
Last week, 96% of the 33,000 Boeing machinists voted to reject a new contract and instead strike. Though negotiations have continued, the union is still unsatisfied with the new offers. In response, ...
Boeing, which dominates the global planemaking market with European rival Airbus (AIR.PA), has been wrestling with production ...
Striking machinists are not getting paid while on strike. Other Boeing employees who are not part of the IAM 751 Union will ...
Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...