Nonunion employees will experience one-week furloughs every four weeks as the troubled planemaker struggles to conserve cash.

Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union ...

Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on ...

CEO Kelly Ortberg says he will take a pay cut. Credit-ratings firms have warned of a downgrade.

Boeing may prevent its debt being downgraded to junk by issuing more stock, which would deal another blow to current ...

Boeing CEO Kelly Ortberg announced Wednesday that it will temporarily furlough thousands of U.S. executives, managers, and ...

Boeing said Wednesday it would start furloughs of professional and white-collar staff as it seeks to conserve cash amid a ...

The mandatory unpaid leave of absence will affect US-based executives, managers and workers. Read more at straitstimes.com.

Selected employees will take one week of furlough every four weeks on a rolling basis, Kelly Ortberg, the CEO of Boeing, ...

Despite ongoing negotiations between Boeing and the union, with a mediator involved, no resolution has been reached yet.

CEO Kelly Ortberg said the company needs to take "difficult steps" to preserve cash while the machinist strike continues.