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Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

  • Boeing is freezing hiring and pausing pay raises due to a strike by 33,000 machinists that it states "jeopardizes" its business.
  • Chief Financial Officer Brian West outlined cost-cutting measures to preserve cash, noting the strike's significant impact on recovery efforts.
  • The strike involves workers assembling Boeing's 737 Max, 777, and 767 aircraft, with operations expected to halt if the strike continues.
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The IndependentThe Independent

Boeing says it's considering temporary layoffs to save cash during the strike by machinists

Boeing says it’s considering temporary layoffs to save cash during the strike by machinists

·London, United Kingdom
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ReutersReuters

Boeing imposes hiring freeze, takes steps to conserve cash after strike starts

Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Friday including considering temporary furloughs for many employees.

·United Kingdom
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Associated Press NewsAssociated Press News

Boeing Outlines Multiple Immediate Cutbacks

Boeing plans to freeze hiring and is considering temporary layoffs to save cash during the factory workers’ strike that began last week.

·United States
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abc Newsabc News

Boeing says it's considering temporary layoffs to save cash during the strike by machinists

Boeing says it’s considering temporary layoffs to save cash during the strike by machinists

·United States
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GloboGlobo

Boeing freezes hiring and wage increases while dealing with employee strike

A strike could cost the manufacturer around US$ 500 million a week, according to analyst estimates

·Brazil
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CNBCCNBC

Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

Boeing announced sweeping cost cuts on Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to preserve cash as it deals with a strike of more than 30,000 factory workers.

·United States
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