Politics

Boeing strike costs top $1.4 billion as pressure on company mounts

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Two weeks after 33,000 Boeing machinists went on strike, the company is bracing for financial impact. The airplane maker has implemented cost-saving measures including a hiring freeze, temporary furloughs, leadership pay cuts and halted payments to most of its hired D.C. lobbying firms in an effort to reserve cash since machinists walked off the job shortly after…
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