Boeing freezes hiring, weighs furloughs as strike enters fourth day

  • Posted on September 16, 2024
  • By Yahoo News
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Boeing freezes hiring, weighs furloughs as strike enters fourth day

SEATTLE (Reuters) -Boeing said it is freezing hiring and weighing temporary furloughs in the coming weeks to manage costs as a strike by more than 30,000 Boeing workers who build planes in factories on the U.S. west coast stretched into its fourth day on Monday. Boeing added the strike would also impact spending on its supply chain, since it would stop issuing the majority of supplier purchase orders on the 737, 767 and 777 programs affected by the stoppage, CFO Brian West told employees. Boeing's actions to protect cash come as company and union negotiators are due to resume talks over a labor contract on Tuesday.
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