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Boeing to cut staff after $641m first-quarter loss

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Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic.

The aerospace giant plans to reduce its workforce by 10 percent through a combination of voluntary and involuntary layoffs and will slash production of

its main commercial planes, including the 787 and 777, Chief Executive David Calhoun said in a message to employees that accompanied an earnings release.

 

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Nope... Not a good idea. Just put them on Leave without pay. Surely this pandemic will end...they can now be reinstated ...

Chai

Hmmmmm

If people cant move, goods can fly in and out. Logistics for more multiple ecommerce platforms. Dont cut staff, engage them elsewhere, c'mon! Be better productive.

What a

Wow

Coro don cause wahala ooo

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