‘A death spiral of its own making’: Boeing halts hiring, raises, and non-essential travel after thousands of workers walk off the job
The kinds of moves West outlined in the internal memo are “immediate cash-saving measures that will impact the bottom line,” Jason Walker, founder of Thrive HR Consulting, told Fortune’s Sheryl Estrada. “This is a pretty standard approach when you are worried about the amount of cash you are going to have on hand.”