Boeing may consider temporary layoffs to save cash during the strike by machinists

Описание: Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during the factory workers’ strike that began last week, the company told employees Monday.

The company said 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. They include a freeze on hiring across all levels, pausing pay increases for promotions, and stopping all travel that isn’t critical.



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