Boeing set to start large-scale furloughs due to machinists 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. Chief Executive Kelly Ortberg said the people who would be required to take time off without pay starting in coming days include executives, managers and other employees based in the U.S.

All work related to safety, quality, customer support and certification of new planes will continue during the furloughs, he said, including production of 787 Dreamliner jets, which are built by nonunion workers in South Carolina. Ortberg said in a memo to employees that the company is talking to the International Association of Machinists and Aerospace Workers about a new contract agreement that could be ratified. We have summarized this news so that you can read it quickly.



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