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Boeing to slash thousands more jobs through 2021
Plane maker Boeing plans to make thousands more job cuts through the end of next year.
About 19,000 workers leave Boeing this year but many thousands more positions will go.
Jobs will go due to natural attrition but compulsory redundancies are likely for many.
"As we align to market realities, our business units and functions are carefully making staffing decisions to prioritize natural attrition and stability," CEO Dave Calhoun told employees in an internal briefing note.
"We anticipate a workforce of about 130,000 employees by the end of 2021. Throughout this process, we will communicate with you every step of the way."
That means about 7,000 more jobs will go.
The company didn’t sign a single order for new commercial jets in September.
Boeing posted a loss of $754 million, excluding special items, in the third quarter as revenue fell $5.8 billion.
Written by Ray Montgomery, US Editor
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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