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Boeing announces hiring freeze
Boeing freezes hiring, weighs furloughs as strike enters fourth day
Boeing is freezing hiring and weighing temporary furloughs to cut costs as a strike by more than 30,000 workers entered its fourth day on Monday. The planemaker and union leadership badly misjudged anger among union members who backed a strike with 96% support last week,
Boeing freezes hiring and mulls temporary layoffs, citing machinists' strike
Boeing is freezing hiring across the company, citing a strike launched on Friday by 33,000 machinists at the airplane manufacturer that it said "jeopardizes" its business.
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. The company told employees Monday that it will freeze hiring, reduce travel and reduce spending on suppliers.
Boeing, strike
Boeing strike: bosses bruised, blindsided and on brink of crisis
Boeing, which dominates the global planemaking market with European rival Airbus (AIR.PA), has been wrestling with production and safety crises since two deadly 737 MAX plane crashes in 2018 and 2019.
Boeing stock hits new low as strike looms, debt heads to junk status
Boeing announced cost-cutting measures Monday as rating agencies consider downgrading its debt to junk and the stock falters.
Boeing warns of job losses and cuts spending after strike
Boeing is making immediate spending cuts and says it may temporarily lay off staff, as it grapples with a strike by more than 30,000 workers in the US. The cuts include a freeze on hiring, "significant reductions" of spending at suppliers,
2h
on MSN
Strike could cost Boeing $100 million-plus in daily revenue, analysts say
Boeing could lose over $100 million in daily revenue until it reaches a settlement with its union that represents more than ...
17h
on MSN
The strike could cost Boeing more than $1 billion. But that could be the least of its problems
For a company that has lost $33 billion since 2019, a strike that virtually halts production of its major product is the last ...
2h
Debt, Drama, And Dreams: Why A Boeing Recovery Could Pay Off Handsomely
If Boeing stabilizes production and resolves its issues, it could see significant growth by 2026. Learn more about BA stock ...
13h
Boeing's CFO says business 'in difficult position': Read memo to employees
Boeing's CFO delivered a sobering update to employees as the machinist strike rages on threatening the near-term future of ...
3h
Security guard at Boeing draws a gun in altercation with picket
On Monday morning, a contract security guard at a Boeing's facility in SeaTac drew a gun after an altercation with a striking ...
10h
FAA Chief to Testify on Sept. 24 on Boeing Quality Turnaround Plan
WASHINGTON (Reuters) - The head of the Federal Aviation Administration will testify on Sept. 24 before the House of ...
9h
on MSN
Boeing Slashing Costs Company-Wide After Union Approves Strike
Boeing has set a hiring freeze and is implementing other cost-cutting measures after its largest labor union partner voted ...
10h
Boeing Co. stock underperforms Monday when compared to competitors
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
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strike
Brian West
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