Boeing Will Furlough Non-Union Employees As Strike Continues
ForbesSEP 12 2024
Boeing CEO Kelly Ortberg — who in August replaced David Calhoun — on Wednesday announced that the aircraft manufacturer would furlough "a large number" of employees to save cash during a strike that will halt production of a number of the company's planes.
"We are initiating temporary furloughs over the coming days that will impact a large number of US-based executives, managers and employees," Ortberg said to staff in an email. "We are planning for selected employees to take one week of furlough every four weeks on a rolling basis for the duration of the strike."
Ortberg added that he and other members of the leadership team will take a "commensurate pay reduction for the duration of the strike." He also announced a hiring freeze, cutbacks on travel and reduced purchases from vendors and suppliers.