Chief Financial Officer Brian West emphasized the necessity of immediate cutbacks to navigate the challenging period caused by the ongoing strike, stating: "This strike jeopardizes our recovery in a significant way." He outlined measures like hiring freezes and canceled travel, highlighting that, "We are also considering the difficult step of temporary furloughs for many employees..." These actions aim to conserve cash and maintain operational stability.
Nancie Browning, a veteran Boeing materials-management specialist, critiqued the company's recent wage offer, saying: "Last week's offer was worse than the one that prompted a two-month strike in 2008... Without annual bonuses, the proposed pay increase feels more like 9%, not 25%. We just want a piece of the pie like everybody else," reflecting workers' frustration and desire for fair compensation.
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