September 17, 2024 2:21 PM
Boeing freezes hiring, weighs furloughs as 30,000 workers strike
Boeing is freezing hiring and weighing temporary furloughs to cut costs as a strike by more than 30,000 workers entered its fourth day on Monday. The planemaker and union leadership badly misjudged anger among union members who backed a strike with 96% support last week, stopping production of its 737 series just as Boeing was trying to speed up assembly lines. Now executives need to find a way to contain the work stoppage with a fresh offer in talks which resume on Tuesday. "This strike jeo...