Boeing to repay furloughed staff, proceed with job cuts

  • Posted on November 8, 2024
  • By Yahoo News
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Boeing to repay furloughed staff, proceed with job cuts

WASHINGTON (Reuters) -Boeing CEO Kelly Ortberg said on Thursday that employees furloughed during a seven-week strike by factory workers would be repaid by the company for lost wages, but it would proceed with plans to cut about 10% of its global workforce. Boeing furloughed thousands of salaried employees on a rolling basis after the strike by 33,000 union machinists began in September and halted production of its best-selling 737 MAX. "Your sacrifice made a difference and helped the company bridge to this moment," Ortberg told staff in an email seen by Reuters.
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