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Boeing considers potential 10% cut to workforce: WSJ [Yahoo! Finance News]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
FILE PHOTO: The Boeing logo is displayed on a screen, at the NYSE in New York) - Boeing Co is considering a plan to cut its workforce by about 10%, which could involve buyouts, early retirements and involuntary layoffs, the Wall Street Journal reported on Thursday.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.The planemaker declined to a request for comment.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.The company had earlier freezed h Show less Read more
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