In response to an ongoing factory workers’ strike, Boeing has introduced several cost-saving measures. These include a hiring freeze, pausing pay increases for managers and executives, and halting non-essential travel. Temporary layoffs are also being considered as the strike poses significant risks to Boeing’s financial recovery and plane delivery schedules.
Related Posts
India discusses resuming direct commercial flights with China
India and China are exploring the resumption of direct commercial flights, which remain suspended post-Covid. Union aviation minister Rammohan Naidu met with a Chinese delegation […]
Foxconn invests Rs 1,200 crore in Karnataka manufacturing unit
Foxconn invested around Rs 1,200 crore in its Indian subsidiary in Karnataka. With Foxconn’s Singapore arm acquiring over 120 crore shares, this unit will become […]
Giant solar sail will propel tiny spacecraft to intercept
- staff
- May 7, 2022
- 0
Sodales fusce non nobis, eros sapiente rhoncus fugiat reprehenderit provident saepe sagittis non felis potenti magna cumque, laboris? Pellentesque quaerat felis? Cupidatat excepturi arcu orci […]