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Reading: Boeing to briefly furlough giant variety of US executives By Reuters
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Boeing to briefly furlough giant variety of US executives By Reuters
The Tycoon Herald > Business > Boeing to briefly furlough giant variety of US executives By Reuters
Business

Boeing to briefly furlough giant variety of US executives By Reuters

Tycoon Herald
By Tycoon Herald 1 Min Read Published September 18, 2024
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(Reuters) – Boeing (NYSE:) CEO Kelly Ortberg stated Wednesday the planemaker will briefly furlough quite a few U.S. executives and different workers after about 30,000 machinists went on strike Friday, halting manufacturing of its 737 MAX and different airplanes.

Boeing to briefly furlough giant variety of US executives By Reuters

“We are initiating temporary furloughs over the coming days that will impact a large number of US-based executives, managers and employees,” Ortberg stated. “We are planning for selected employees to take one week of furlough every four weeks on a rolling basis for the duration of the strike.”

Ortberg additionally stated he and different Boeing leaders “will take a commensurate pay reduction for the duration of the strike.” 

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