Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...

Boeing has told its employees that furloughed employees will receive pay for the period when they were temporarily laid off, ...

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 ...

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 ...

The furloughs, announced on Friday, will affect Spirit Aero employees working on Boeing’s 767 and 777 ... including a hiring freeze and travel and overtime restrictions. Spirit said in a ...

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 ...

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 ...

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 ...

“These furloughs are in combination with a series of other cost savings measures, including a hiring freeze and travel and overtime restrictions,” Buccino said in an emailed statement. The measures at ...

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 ...

NEW YORK: Boeing supplier Spirit AeroSystems said ... including an immediate hiring freeze and elimination of travel and overtime, according to a staff message Friday from chief financial officer ...