Comment on Boeing may resort to layoffs, makes immediate cutbacks as strike continues

Boeing may resort to layoffs, makes immediate cutbacks as strike continues

The company is considering temporary furloughs for its staff. Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during a factory workers’ strike that began last week, the company told employees Monday.The company said the moves, which include reduced spending on suppliers, were necessary because “our business is in a difficult period.”Chief Financial Officer Brian West detailed 10 immediate cutbacks in a memo to employees.

 

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