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Boeing freezes hiring amid factory workers' strike
short by Hiral / on Monday, 16 September, 2024
Boeing has announced a hiring freeze and said it is weighing temporary furloughs to cut costs as more than 30,000 factory workers continued to strike for the fourth day on Monday. The company is also halting non-essential travel and pausing pay hikes. "This strike jeopardises our recovery...and we must take necessary actions to preserve cash," CFO Brian West told employees.
read more at Reuters