Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    BUSINESS

    Boeing Furloughs Executives To Save Costs Amid Ongoing Strike

    David WafulaBy David WafulaSeptember 18, 2024No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    Boeing is temporarily furloughing executives and nonunion workers in response to the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg announced in an email to employees on Wednesday.

    The furloughs, set to begin in the coming days, will last one week out of every four for the affected employees.

    While they are on furlough, they will still retain their benefits.

    Ortberg’s note emphasized that the move will impact a large number of U.S.-based executives, managers, and employees but aims to minimize the overall effect on each individual.

    Despite the furloughs, production of the 787 Dreamliner at Boeing’s nonunion facility in South Carolina will continue.

    “All activities critical to our safety, quality, customer support, and key certification programs will be prioritized,” Ortberg said.

    Ortberg, who took over as CEO on August 8, also stated that the company’s leadership team, including himself, will take a pay cut for the duration of the strike.

    The strike, which began last Friday, has halted most commercial plane production.

    Boeing, the union, and federal mediators resumed talks on Tuesday, but little progress has been made.

    The union has expressed frustration with Boeing’s unwillingness to address key concerns, such as wages and pensions.

    “The company doesn’t seem to be taking mediation seriously,” the union said.

    In addition to the furloughs, Boeing has already implemented cost-saving measures, including a hiring freeze, reduced travel, and cuts in purchasing from suppliers.

    “This is a tough decision that affects everyone, but it’s necessary to ensure our long-term future,” Ortberg wrote.

    He assured employees that the company would continue to communicate openly as the situation unfolds.

    The negotiations are ongoing, and both sides hope to reach a resolution soon.

     

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    David Wafula

    Related Posts

    Kenya and Ethiopia Back Safaricom and Ethiotel Strategic Investment Plans

    December 23, 2025

    Betika Rewrites Jackpot Rules: Sh50 Million to be won every eight weeks

    December 23, 2025

    A Practical Guide to Surfboards: Types, Shapes, and How to Choose the Right One

    December 21, 2025

    Comments are closed.

    Latest Posts

    Two killed in suspected Palestinian ramming and knife attack in Israel

    December 27, 2025

    Salah penalty sends 10-man Egypt through at Afcon

    December 27, 2025

    Israel recognizes Somaliland as independent State in historic declaration

    December 27, 2025

    Murkomen announces security colleges and conservation drive in Kerio Valley 

    December 26, 2025

    Jota’s sons to join mascots for Liverpool v Wolves

    December 26, 2025

    US judge blocks detention of British social media campaigner

    December 26, 2025

    Governor Simba Arati under fire over Gusii community spokesman claim

    December 26, 2025

    Former Malaysia PM Najib Razak found guilty in state funds scandal

    December 26, 2025
    Facebook X (Twitter) Instagram Pinterest
    © 2025 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.