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In a bold move to mitigate the financial impact of the ongoing strike by 33,000 members of the International Association of Machinists, Boeing has taken the decision to temporarily furlough executives and nonunion workers. This move, announced by CEO Kelly Ortberg, aims to reduce cash outflows and ensure the company's long-term sustainability. The furloughed employe...

Boeing, one of the world's largest aerospace companies, is facing a perfect storm of financial woes, layoffs, and contract disputes. The company has announced plans to freeze hiring, reduce travel, and consider temporary layoffs to save cash during a factory workers' strike that began last week. The strike, which involves over 33,000 workers represented by the Intern...