Boeing to reduce executive pay, furlough nonunion workers during strike | CNN Business

New York CNN  — 

Boeing is temporarily furloughing executives and other nonunion workers to save cash during the strike by 33,000 members of the International Association of Machinists, CEO Kelly Ortberg told employees in an email Wednesday.

The furloughed employees will keep their benefits and they will be off work for one week out of every four on a rolling basis for the duration of the strike in order to limit the impact on each individual, according to the note. But the furloughs “will impact a large number of US-based executives, managers and employees,” the memo said.

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