Boeing reportedly planning to cut total number of employees by 10 percent

Boeing reportedly planning to cut total number of employees by 10 percent
  • Clock-gray 22:18
  • calendar-gray 29 April 2020

The company Boeing plans to reduce its total number of employees by roughly 10% through a “combination of voluntary layoffs, natural turnover, and involuntary layoffs as necessary”, the CEO wrote in an email to employees, APA reports citing Reuters.

"The COVID-19 pandemic is affecting every aspect of our business, including airline customer demand, production continuity and supply chain stability", Boeing President and CEO David Calhoun said. "Our primary focus is the health and safety of our people and communities while we take tough but necessary action to navigate this unprecedented health crisis and adapt for a changed marketplace".

As the coronavirus (COVID-19) pandemic continues to reduce airline passenger traffic, the jobs of nearly 7 million people are at risk, according to the International Air Transport Association (IATA).

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