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Boeing's CFO says business 'in difficult position': Read memo to employees
Boeing's CFO delivered a sobering update to employees as the machinist strike rages on threatening the near-term future of the plane maker's financial position.
Read the memo Boeing sent employees about negative impact of strike
Boeing has just informed employees that there will be some tough changes at the company while it faces a strike from workers.
Boeing CEO says the company will furlough a ‘large number’ of employees to preserve cash during strike
Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists.
Boeing says it's going to start furloughing 'a large number' of its white-collar employees amid strike
Selected employees will take one week of furlough every four weeks on a rolling basis, Kelly Ortberg, the CEO of Boeing, wrote in an email.
Boeing suspends jobs for thousands after strike
Boeing is suspending the jobs of tens of thousands of staff in the US in response to a strike that has shut down production of some of its airplanes. The aerospace giant said US-based executives, managers and staff would be asked to take one week of furlough every four weeks as long as the stand-off lasts.
Boeing starts furloughing tens of thousands of employees amid machinist strike
Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO Kelly Ortberg told employees on Wednesday.
Boeing to Begin Temporary Layoffs Because of Strike
The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.
Boeing furloughing workers to save money during strike
Boeing announced new plans to furlough a "large number" of employees to save money during the ongoing machinist strike.
21h
Read the memo 23andMe's cofounder sent to staff after the entire board quit
Me's entire board of directors resigned over cofounder and CEO Anne Wojcicki's ongoing plan to take it private.
3d
PwC invests in 'high quality' business in China after record fine, internal memo says
PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable business in China, it said ...
2d
on MSN
Unwelcome to the Working Week: Jassy Letter Sends Amazon Employees Back to the Office
Andy Jassy's bland letter, steeped in corporate-speak but making it clear people will be going back to the office five days a ...
15h
on MSN
Disney is ditching Slack after hackers gained access, and some employees aren't happy. Read the CFO's memo.
A hacking group said it gained access to Disney's Slack channels over the summer, which led to leaks. Now, Disney is ...
1d
on MSN
JPMorgan takes on Wall Street's overwork concerns with new role, memo shows
JPMorgan Chase has created a new role that will oversee its junior bankers and analysts amid a focus to tackle the persistent ...
1d
on MSN
'Extreme hours shouldn't...': Ex-HCL CEO's open letter to business leaders on 26-yr-old CA's death
A 26-year-old CA, working at the consulting firm Ernst & Young (EY), passed away recently due to what her mother claimed was ...
13d
Barry Diller, James Murdoch Among 88 Business Leaders Endorsing Kamala Harris in Open Letter
Her election is the best way to support the continued strength, security, and reliability of our democracy and economy,” the ...
4d
on MSN
PwC Making Investments for 'High Quality' Business in China, Internal Memo Says
HONG KONG (Reuters) - PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable ...
9d
What is a letter of credit?
A letter of credit is a financial document issued by a bank, promising payment to a seller. They are often used for large ...
1d
House committee to demand 'stonewalled' memo detailing Biden agency's 'curious' voter registration work
Members of the House Small Business Committee plan to surprise Small Business Administration administrator Isabel Casillas ...
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