Boeing cuts spending amid strike, considers furloughs
- Posted on September 16, 2024
- By Business News Today
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Boeing cuts spending amid strike, considers furloughs
Boeing has announced significant spending cuts, including a hiring freeze and potential furloughs, in response to a factory worker strike in the northwestern United States. The strike has halted operations at two major assembly plants, impacting the company's recovery efforts. Talks between Boeing and the union are set to resume under a federal mediator.