Workers picket outside a Boeing Co. facility during a strike in Everett, Washington, on September 16, 2024.
Boeing Co. is requiring many salaried workers to take unpaid leave to preserve cash as the planemaker digs in for contentious contract talks with its largest union.
The austerity measure affects tens of thousands of U.S.–based employees, managers, and executives, according to the company. They will work a rolling schedule of three weeks on the job and one week without work or pay, Kelly Ortberg, Boeing's CEO, announced Wednesday in a companywide message seen by Bloomberg. Ortberg and other senior executives will also take a pay cut while factory workers in Seattle and Oregon remain on strike, he said.
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