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Boeing Outlines Multiple Immediate Cutbacks

Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during the factory workers’ strike that began last week, the company told employees Monday. The company said moves, which include reduced spending on suppliers, were necessary because “our business is in a difficult period.”...

Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during the factory workers’ strike that began last week, the company told employees Monday. The company said moves, which include reduced spending on suppliers, were necessary because “our business is in a difficult period.”…

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