The company is considering furloughs for employees, “significant reductions” to supplier spending and a halt to most purchase orders on the 737, 767 and 777 planes, it told employees in

Boeing said furloughs began on Friday for thousands of employees in Washington State and Oregon, after more than 32,000 workers went on strike last week, halting production of the U.S. planemaker's best-selling 737 MAX and other jets.

Boeing's CEO says it will start furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week​.