Citing 'Devastating' Pandemic Impact, Boeing To Lay Off 7,000 More Workers
"This moment is among the most difficult in our more than 100-year history," CEO Dave Calhoun said. Most of the layoffs will be in Washington state, where Boeing designs and builds many aircraft.
by David Schaper
Oct 28, 2020
2 minutes
Boeing will be laying off thousands of additional employees as the airplane manufacturer continues to lose money due to the coronavirus pandemic and the prolonged grounding of its 737 Max jet.
A global collapse in air travel has all but eliminated airlines' need to buy new commercial jets. As a result, Boeing has slowed production of new aircraft and announced this summer that
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