Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week​.

As the strike nears its second week, union machinists keep up their picketing outside of a Boeing factory in Washington state.

CNBC's Phil LeBeau reports on news from Boeing.

With Boeing losing roughly half of a billion dollars due to the machinist walkout last week, we talk with employees about the direction they see negotiations going between Boeing and their union.