Boeing freezes hiring and executives’ first-class travel as massive strike continues By Vanessa Yurkevich, CNN 2 minute read Published 1:57 PM EDT, Mon September 16, 2024 Link Copied ...

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 ...

33,000 Boeing workers striking for higher wages 02:08. Boeing is freezing hiring across the company, citing a strike launched on Friday by 33,000 machinists at the airplane manufacturer that it ...

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 (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 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.

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.

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 BA-1.68 % decrease; red down 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 ...

Boeing is also planning to reduce spending with some of its 10,000 suppliers, West said in his memo. “[We] will stop issuing the majority of supplier purchase orders on the 737, 767 and 777 ...

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.