After a tumultuous year, the last thing Boeing needed was a union strike. Shares of the aircraft manufacturing giant touched new 52-week lows on Friday as a labor dispute involving its largest unionized workforce — the International Association of Machinists and Aerospace Workers (IAM) — was set to enter into a second week.

Nonunion employees will experience one-week furloughs every four weeks as the troubled planemaker struggles to conserve cash.

Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike last week, halting production of the U.S. planemaker's best-selling 737 MAX and other jets.

Boeing employees still working received a notice on the furloughs Wednesday, which noted that it will encompass tens of thousands of nonunion employees for the duration of strike.

A labor strike at Boeing showed no signs of ending Friday, as the walkout by 33,000 union machinists entered its eighth day and the company started rolling furloughs of nonunion employees to conserve cash.

As the Boeing machinists strike goes into its sixth day, the company is announcing temporary furloughs, blaming the strike.

As Boeing's machinists continue to strike, furloughs and pay reductions are in store for the rest of the company.

Boeing said Wednesday it would start temporary furloughs of professional and white-collar staff as it seeks to conserve cash amid a labor strike that has shuttered Seattle manufacturing plants.Boeing plans for "selected employees to take one week of furlough every four weeks on a rolling basis for the duration of the strike,

Boeing’s CEO said Wednesday that the company will begin furloughing “a large number” of employees to conserve cash during the strike by union machinists that began last week. Chief Executive Kelly Ortberg said the layoffs would be temporary and affect executives, managers and other employees.