Boeing implemented cost-saving measures — including a hiring freeze, temporary furloughs, leadership pay cuts and halted payments to many lobbying firms in Washington — shortly after the ...

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 ...

While the strike's end should bring a level of relief to both Spirit AeroSystems and the rest of the Wichita supply chain, it ...

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 says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a ...

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

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 ...

“These workers deserve to have all of those sacrifices recognized.” Boeing implemented cost-saving measures — including a hiring freeze, temporary furloughs, leadership pay cuts and halted payments to ...