(CBS DETROIT) – Boeing imposed a hiring freeze starting Thursday due to the coronavirus epidemic.
This comes as the virus undercuts profits for the airline industry.READ MORE: Gov. Whitmer Threatens Profit Seizure If Pipeline Keeps Operating
Boeing still faces fallout from problems with the Boeing 737 Max Fleet.READ MORE: Missed Gov. Whitmer's Press Conference? Here's Her Update On The State's Response To COVID-19
The company’s chief executive told employees “its critical for any company to preserve cash during these challenging times.”MORE NEWS: Report: University Of Michigan Missed Chances To Stop Doctor’s Abuse