Boeing and rival Airbus have encountered widespread delays and cancellations in existing orders for planes as most of the planes around the globe have been grounded due to the sharp drop in air travel.
Boeing disclosed the 16,000-job reduction target last month, as it cut production schedules. It has already offered buyouts to generate as many voluntary departures from the company as possible."We have come to the unfortunate moment of having to start involuntary layoffs," CEO Dave Calhoun said in a message to employees Wednesday."I wish there was some other way."
Thank CNN for lying to the public and creating paranoid leftists for 40 years.
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WSJ News Exclusive | Boeing and Airbus Study How Coronavirus Behaves During Air TravelThe airplane makers are researching the coronavirus’s behavior inside jetliners, part of the industry’s effort to curb risks that have brought air traffic to a near standstill. I think we know. the wise won't be flying anytime soon Going to need individual cabins for passengers. Flying will become a lot more expensive.
Source: WSJ - 🏆 98. / 63 Read more »
Boeing set to announce significant U.S. job cuts this week: unionBoeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10% of its worldwide workforce of 160,000 employees, people briefed on the plans and a union said. How can this be? Trump keeps promising that the economy will be skyrocketing shortly. But likely no Boeing job cuts in China ... Im sure it will rally again tomorrow.
Source: Reuters - 🏆 2. / 97 Read more »
WSJ News Exclusive | Boeing to Start Voluntary Layoffs, Will Shed an Initial 2,500 WorkersBoeing will this week announce about 2,500 voluntary layoffs in the first phase of broader cuts triggered by the coronavirus-driven collapse of global air travel. Trump's racism became more and more prominent as the election approached. Between Asians and blacks, they tend to suppress blacks, because blacks in the United States usually do not resist crap Washington State’s lockdown was extended arbitrarily by Democrat GovernorInslee , with no opening in sight. Other states where Boeing has facilities are opening. No wonder. Strangling the state of Washington.
Source: WSJ - 🏆 98. / 63 Read more »
Boeing to lay off 6,770 workers due to pandemic details, background - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. who cares as long as the investor stocks goes up... SARCASM guys!! Is this the beginning of the new face of Travel? QUARTA, DE NOVO!? COM CERTEZA, COM MESA MUITO FARTA DE 'ARROZ, FEIJÃO E OVO'! AH, QUE PLENA SATISFAÇÃO!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Boeing cutting more than 12,000 U.S. jobs with thousands more plannedBoeing Co said Wednesday it was eliminating more than 12,000 U.S. jobs, including laying off 6,770 U.S. workers as the largest American planemaker restructures in the face of the coronavirus pandemic. Waiting for Trump to give them more money boeing is a great American company.. they should be proud to put profits before people while they take billions of the people's money trumpgenocide failure I'm super proud of the Old VICE PRESIDENT of 'STARBUCKS' starting a new venture in $XSPA I see a strong future after their 1st Airport Contract JFK! Let's get our Pilots back! investor StockMarket stocks NewYork Newwiee business makemoneyonline MARK XSPA
Source: Reuters - 🏆 2. / 97 Read more »
Turkish Airlines may delay delivery of Airbus, Boeing planes: reportTurkish Airlines , which halted nearly all of its passenger flights as a result of the coronavirus crisis, may delay the delivery of some Boeing and Airbus planes, its chairman was quoted as saying on Wednesday. Update the payment plan and bring convenience.Hard times. They are going bankruptcy very soon 🙏🏻 Turkish government bankruptcy due to support for terrorism in Syria and Libya
Source: Reuters - 🏆 2. / 97 Read more »