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International Business Times
International Business Times
Business
Ann Resuma

Boeing To Repay Furloughed Employees, But Will Still Proceed With Job Cuts

Boeing said Thursday that it will repay employees furloughed during the seven-week strike for lost wages but remains steadfast on its plans to reduce its workforce.

The planemaker's CEO, Kelly Ortberg, stated that while factory workers would be repaid for lost wages, the company would still go ahead with its plans to slash approximately 10% of its workforce globally, Reuters reported.

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