Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout

  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Boeing’s CEO Dave Calhoun has outlined a plan of voluntary layoffs for employees, while warning that the coronavirus pandemic would have a lasting impact on the global aviation industry

) Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pandemic would have a lasting impact on the global aerospace industry.

Boeing, which calls itself America’s largest exporter, has some 150,000 employees worldwide, nearly half of whom are clustered around marquee factories in Seattle’s Puget Sound region. The coronavirus pandemic has compounded the year-old crisis over the grounding of Boeing’s 737 MAX following fatal crashes that killed 346 people in a five-month span.FILE PHOTO: A worker leaves the Boeing Everett Factory, amid the coronavirus disease outbreak, in Everett, Washington, U.S. March 23, 2020. REUTERS/David Ryder

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Boeing to offer voluntary layoffs for employees. equilarinc will track the compensation of Boeing leadership as they navigate this novel situation Stay updated on companies that include COVID-19 provisions in their disclosures.

Impacts... California is the largest employer of aerospace and defense workers. A rich network of suppliers build the part and components needed on today’s planes as well as those in the future. protectcaliforniaaerospace Boeing

Meanwhile, Boeing could receive up to $17,000,000,000 in stimulus.

Why isn’t Boeing making ventilators other PPE equipment?

He’s Extorting us - fire him - the last thing we need is more 737 MAX

How much 💰 💰is Boeing getting from the Stimulus package?

⭕للمتواجـديـن 🔥 لزيادة متابعينك قم بالآتـي👇🏻 ➊ فولومـي folo9090 ™️ ➋ رتويـت 🔃 ➌ فولو للـي عمل رتويـت ☑️ ➍ فولو بـاك 🔙 ➎ تابـع من يتـابعنـي ✨ ➏ اللـي مايلتزم مايستفيـد ❌

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SoftBank Says It Won’t Buy WeWork Co-Founder Neumann’s SharesJapanese tech giant SoftBank terminates an offer to pay up to $3 billion for shares in office-space provider WeWork, depriving co-founder Adam Neumann of a potential windfall of nearly a billion dollars Surely all users are WFH now dismissing the need for an alt office ?! Should be zero value. Two challenges: * Coronavirus and collapse of consumer demand (e.g. travel and leisure industry) * Dysfunctional equity and bond markets (e.g. FAANG) Two answers: * Fiscal incentives to consumers and loans to companies * Regulations of buy-back, fiscal elusion and stock options
Source: WSJ - 🏆 98. / 63 Read more »

‘Crazy Ex-Girlfriend’ Co-Creator Aline Brosh McKenna Pays Touching Tribute to Adam Schlesinger“Crazy Ex-Girlfriend” co-creator Aline Brosh McKenna paid a touching tribute to Adam Schlesinger on Twitter after the Emmy-winning songwriter and singer died Wednesday from coronavirus …
Source: Variety - 🏆 108. / 63 Read more »

Fountains of Wayne co-founder dies of coronavirus at 52Fountains of Wayne bassist and songwriter Adam Schlesinger has died of complications from novel coronavirus, ABC News has confirmed. He was 52 years old. Schlesinger wrote the title song to the 1996 Tom Hanks-directed film 'That Thing You Do!,' which was nominated for an Oscar and a Golden Globe, and he won an Emmy for his work on the show 'Crazy Ex-Girlfriend.' RIP ❤️🙏🏻 Truly such a shame to lose anyone to this virus but wow
Source: ABC - 🏆 471. / 51 Read more »

Adam Schlesinger, Co-Founder of Fountains of Wayne and Prolific Composer, Dies at 52On Tuesday news broke that the 'Crazy Ex-Girlfriend' and 'Marvelous Mrs. Maisel' composer had been hospitalized after testing positive for the novel coronavirus. Heartbreaking 🙏🙏🙏 Rest In Peace. 🙏🏽 So sad💔 Rest in Paradise.
Source: THR - 🏆 411. / 53 Read more »

Milwaukee Bucks co-owner Marc Lasry buys Mark Ronson’s Los Feliz villaIn Los Feliz, Bucks co-owner Marc Lasry just dropped $4.776 million on a Mediterranean Revival-style villa owned by Grammy-winner Mark Ronson. sana all so glad we know that now. Add another Marxist to the City
Source: latimes - 🏆 11. / 82 Read more »

Boeing To Offer Workers Voluntary Layoffs And Early Retirement To Offset Coronavirus Impact - ReportBoeing, one of the world’s largest plane makers, is expected to make the announcement as early as Thursday, Reuters reports. God is taking care of you, even when it seems like your all alone; believe me, God is working hard behind the scenes of your life.
Source: Forbes - 🏆 394. / 53 Read more »