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Boeing's defense unit chief Colbert is departing, CEO says
Boeing's new CEO Kelly Ortberg said the company's defense unit chief Ted Colbert is leaving Boeing and that a replacement would be named later. The defense unit accounted for about 40% of Boeing's revenue in the first half of the year.
Boeing CEO says ending strike 'a top priority'
Ending a strike involving more than 30,000 of Boeing's Seattle-area workers is "a top priority" for the aviation giant, chief executive Kelly Ortberg said in a message to staff Friday."Ending the strike is a top priority,
Boeing will furlough workers soon to preserve cash during strike, CEO says
Boeing top executive said Sept. 18 that the company will begin furloughing "a large number" of workers to conserve cash during the strike by union machinists that began last week. CEO Kelly Ortberg said the employees who would be required to take time off without pay starting in the coming days include executives,
Boeing Defense Chief Exits in New CEO’s First Executive Move
Boeing Co. said that Ted Colbert, who oversees its defense and space division, is leaving the company, the first major personnel change by Kelly Ortberg since he took over as chief executive officer last month.
1d
on MSN
Will Boeing's furlough strategy during the strike ensure its financial stability?
Boeing's CEO says the company will begin furloughs to conserve cash during the strike by union machinists. The furloughs are ...
KUOW
1d
Boeing to begin furloughs, leadership takes a pay cut, as machinist strike continues
As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.
1d
on MSN
5 Things to Know Before the Stock Market Opens
U.S. stock futures rally after Fed's jumbo rate cut, Boeing furloughs staff, and FedEx reports results after the bell. Here's ...
2d
on MSN
Boeing furloughing thousands as negotiations continue with striking machinists
The furloughs are part of sweeping cost-cutting measures Boeing announced this week as it continues negotiations with ...
1d
Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch
CEO Kelly Ortberg says he will take a pay cut. Credit-ratings firms have warned of a downgrade.
7d
Boeing CEO Kelly Ortberg buys a home in Seattle
The Boeing chief purchased a 3,780-square-foot house in the Broadmoor neighborhood, according to a real estate excise tax ...
The Economist
1d
How much trouble is Boeing in?
Pay is at the centre of the latest dispute. Boeing offered its employees a 25% rise over four years; its workers are ...
1d
Boeing employees — including in San Antonio — to begin furloughs soon, CEO says
The company, which employs 3,000 people in San Antonio, is taking measures to conserve cash during the strike by union ...
1d
on MSN
Boeing furloughs thousands as no progress made to resolve strike
Boeing CEO Kelly Ortberg said Wednesday the planemaker will temporarily furlough numerous U.S. executives and other employees ...
1d
on MSN
Boeing Enforces Temporary Furloughs Amid Strike, CEO Kelly Ortberg Announces 'Difficult Steps' Like Pay Cuts As $1B Weekly Loss Looms
Boeing Co. (NYSE:BA) has started temporary furloughs for thousands of employees as it grapples with the financial impact of a ...
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Boeing
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strike
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International Association of Machinists and Aerospace Workers
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