Boeing considers potential 10% cut to workforce
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FRIDAY, JANUARY 27, 2023
Boeing considers potential 10% cut to workforce

Global Economy

Reuters
10 April, 2020, 09:55 am
Last modified: 10 April, 2020, 09:59 am

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Boeing considers potential 10% cut to workforce

The potential job cuts are expected to largely target Boeing’s commercial arm

Reuters
10 April, 2020, 09:55 am
Last modified: 10 April, 2020, 09:59 am
FILE PHOTO: The company logo for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, US, March 11, 2019. REUTERS/Brendan McDermid
FILE PHOTO: The company logo for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, US, March 11, 2019. REUTERS/Brendan McDermid

Boeing Co (BA.N) 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.

The potential job cuts are expected to largely target Boeing's commercial arm, the report added.

Boeing was not immediately available for comment outside office hours.

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