The potential job cuts are expected to largely target Boeing’s commercial arm, which has been under strain due to the crisis in the global airline industry, the report https://www.wsj.com/articles/boeing-considers-potential-10-cut-to-workforce-11586485509?mod=e2tw said. Amid the coronavirus pandemic, Boeing has been suspending production at various plants, including the manufacturing of its 787 airplane at its facilities in South Carolina. Last week, the U.S. planemaker’s Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees, while warning that the pandemic would have a lasting impact on the aerospace industry. …read more
Source:: Yahoo Finance
