Headline Details

Boeing to shrink workforce, raise cash as coronavirus slams jet industry

Published on: Wed, 29 Apr 2020 18:38:28 UTC
News Agency: Reuters
Description:
Boeing Co said on Wednesday it would cut its 160,000-person workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery from the coronavirus pandemic that drove its second consecutive quarterly loss.

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