Boeing freezes hires, weighs furloughs to cut costs in labour strike
Briefly

Boeing's decision to halt most purchase orders for jetliner parts marks an extraordinary move affecting not just their operations, but the entire aerospace supply chain.
Industry leaders caution that layoffs at smaller suppliers, due to Boeing's actions, could initiate a damaging cycle of workforce departures in an already strained aerospace sector.
Boeing's new wage and labor contract discussions are critical as workers express frustration over stagnant wages amid escalating inflation and soaring executive bonuses.
The current strike at Boeing, which has extended into its fourth day, poses significant risks to the company's recovery efforts as it faces existing financial and operational crises.
Read at www.aljazeera.com
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