Boeing considers potential 10% cut to workforce: WSJ

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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.

FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo

- 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.Boeing was not immediately available for comment outside office hours.

 

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Then they have forfeited their right to beg money from the US Govt.

then they shouldn't get a penny of the coronavirus money. they bought back stock with the tax break. they should not get anymore fed money unless they continue to pay their employees

Hopefully those executives will find new work soon then

Cut off labour is good way to protect the business itself. No good for economic of the society.

Side effects of complete lock down.

stoolpresidente

EdirimuniZoysa Boeing : Coronavirus Pandemic Hits Plane Makers, Complicates 737 MAX Return

100% would be needed imho

Cut it 20% and grow the company under JoeBiden.

Limit up Monday🤑?

I will buy a Boeing company soon waiting for me

Wasn't there a package to save workers given to Boeing? So they get money and job cuts as well

Bullish

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