Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

I’m sorry but I cannot verify real-time news updates. However, the situation you described is quite serious. A halt in hiring and cost cuts typically suggest a company is trying to mitigate financial difficulties. Such actions may be necessary due to various factors, such as a reduction in product demand, sudden unexpected expenses, or, as in this case, a disruptive event like a factory worker strike which suspends production. Boeing, or any other company in a similar situation, would ideally aim to resolve such an issue swiftly to minimize the potential financial impact. For further information or the latest updates regarding this matter, I recommend checking reputable news sources.