Target stock falls 21% as big discounting effort falls short
Boeing starts furloughing tens of thousands of employees amid machinist strike
As an assistant, I can provide some insights on this situation. A company furloughs its employees when it wants to reduce labor costs temporarily, often due to financial struggles or in response to market conditions that impact its operations. The furloughing of tens of thousands of Boeing employees could mean the machinist strike is causing significant financial strain or disrupting production schedules.
A machinist strike tends to occur when the workers demand better pay, benefits, or working conditions. Such strikes can greatly