Business

Boeing announces voluntary layoff plan

Boeing unveiled a voluntary worker layoff program Thursday, telling employees that it hoped to avoid "other workforce actions" as the aviation industry reels from the coronavirus crisis.

migrator

Published:2nd Apr, 2020 at 6:37 PM

New York

The initiative, announced by Boeing Chief Executive David Calhoun, that such belt-tightening was needed amid the hit to the industry caused by the pandemic.

He said "it's important that we start adjusting to our new reality now.

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Boeing announces voluntary layoff plan

Boeing unveiled a voluntary worker layoff program Thursday, telling employees that it hoped to avoid "other workforce actions" as the aviation industry reels from the coronavirus crisis.

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