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, managers and ...

Boeing announced sweeping cost cuts 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 by more ...

SEATTLE, Sept 16 (Reuters) - 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.

SEATTLE (Reuters) -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.

Boeing Freezes Hiring, Considers Furloughs as Strike Continues The beleaguered plane maker is conserving cash and preparing to delay purchase orders as its 30,000 union workers remain on picket lines.

Boeing has lost more than $25 billion since the start of 2019, and burned through $4.3 billion in the second quarter of 2024 alone as it stood poised to post another money-losing year.

Boeing BA 1.83 % increase; green up pointing triangle said it would freeze hiring and delay pay increases for its salaried workforce as the jet maker grapples with financial fallout from a strike ...

Top Boeing exec says a strike by 33,000 assembly workers "jeopardizes our recovery in a significant way." Boeing freezes hiring and mulls layoffs, citing machinists' strike Skip to main content ...

Boeing freezes hiring, considers furloughs as strike could cost $3.5B According to a Bloomberg Intelligence analysis, the cash loss could reduce Boeing’s balances to $9 billion – near the ...

Boeing Freezes Hiring as Crisis Deepens. by Victor Tangermann. 9.16.24, 5:52 PM EDT. YEHYUN KIM/AFP via Getty Images) "Our business is in a difficult period." Crisis Point.

Boeing also said it will pause nonessential staff travel and reduce supplier spending as it deals with a strike by more than 30,000 factory workers. Skip to content. Main Navigation.