Boeing said Wednesday it would start temporary furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that has shuttered Seattle manufacturing plants. Boeing plans for "selected employees to take one week of furlough every four weeks on a rolling basis for the duration of the strike," said a message to employees from CEO Kelly Ortberg.

Boeing said Wednesday it would start temporary furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that has shuttered Seattle manufacturing plants. Boeing plans for "selected employees to take one week of furlough every four weeks on a rolling basis for the duration of the strike," said a message to employees from CEO Kelly Ortberg.

The furloughs will affect tens of thousands of Boeing employees, the company says

NEW YORK: Boeing said on Wednesday (Sep 18) it would start furloughs of professional and white-collar staff as it seeks to conserve cash amid a labour strike that shuttered Seattle manufacturing plants – while talks with a union stalled. The furloughs, which pertain to executives, managers and employees,

Boeing said Wednesday it would start furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that shuttered Seattle manufacturing plants—while talks with a ...

CEO Kelly Ortberg said affected employees would take one week of furlough every four weeks for the strike's duration and he and his team would take pay cuts.

Boeing is slated to furlough thousands of employees after 30,000 workers began a strike last week.The strike halted production of key planes like the 737

The decision comes after 33,000 unionized machinists at Boeing walked out earlier this month.

Boeing CEO Kelly Ortberg told staffers in a memo that the airplane maker is temporarily furloughing U.S.-based employees to preserve cash as the strike by machinists continues.

Employees will take one week of furlough every four weeks on a rolling basis as long as the strike lasts.

Sept. 18 (UPI) -- Boeing will furlough tens of thousands of its executives, managers and others as more than 30,000 machinists intend to go on strike Friday in Seattle and Oregon.

The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.