Boeing's CFO Brian West earlier this week said the company has frozen hiring and raises to cut costs, and would let "non-essential contractors" go temporarily. The cost-cutting measures come after more than 30,

Boeing is furloughing tens of thousands of workers amid a major machinist strike. Last week, 96% of the 33,000 Boeing machinists voted to reject a new contract and instead strike. Though negotiations have continued,

Boeing will furlough tens of thousands of its executives, managers and others as more than 30,000 machinists intend to go on strike Friday in Seattle and Oregon.