'Our business is in a difficult period': Boeing considers layoffs amid workers' strike

In response to an ongoing factory workers' strike, Boeing has introduced several cost-saving measures. These include a hiring freeze, pausing pay increases for managers and executives, and halting non-essential travel. Temporary layoffs are also being considered as the strike poses significant risks to Boeing's financial recovery and plane delivery schedules.

'Our business is in a difficult period': Boeing considers layoffs amid workers' strike

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In response to an ongoing factory workers' strike, Boeing has introduced several cost-saving measures. These include a hiring freeze, pausing pay increases for managers and executives, and halting non-essential travel. Temporary layoffs are also being considered as the strike poses significant risks to Boeing's financial recovery and plane delivery schedules.