Boeing is instituting a hiring freeze as it tries to cut costs during an ongoing workers strike. Last week, over 30 thousand ...

Boeing said Friday it will cull 10 percent of its workforce — roughly 17,000 jobs — as the aviation giant grapples with ...

Esteves added that if the labor dispute between Boeing and the International Association ... In an effort to cut costs, the company has implemented a hiring freeze, eliminated overtime, and ...

The news was shared by CFO Irene Esteves, who said that the furlough will begin on October 28 for 700 employees working on the Boeing 767 and 777 programs. There is also a hiring freeze and travel and ...

Boeing has announced rolling furloughs, a hiring freeze and other cost-cutting measures as the machinists strike wears on. Manufacturing in the Seattle area has yet to recuperate fully from the ...

According to a recent earnings report, Spirit ended Q3 with just $218 million cash on hand. The company previously announced ...

13. The furloughs follow other Spirit efforts to cut costs, including a hiring freeze and travel and overtime restrictions. BOEING STRIKE: WHAT AIRCRAFT ARE AFFECTED? "These furloughs are ...

Boeing is making immediate spending cuts and says it may temporarily lay off staff, as it grapples with a strike by more than 30,000 workers in the US. The cuts include a freeze on hiring ...

including a hiring freeze and travel and overtime restrictions,” Buccino said in an emailed statement. The measures at Spirit highlight how the crisis at Boeing is rippling across the wider ...

If the strike at Boeing, soon to enter its sixth week ... a series of other cost-saving measures. These include a hiring freeze, a prohibition on overtime work, a reduction of 15% in nonlabor ...