Boeing Considers Potential 10 Percent Cut to Workforce: WSJ

Boeing Considers Potential 10 Percent Cut to Workforce: WSJ
The Boeing logo is displayed on a screen at the New York Stock Exchange (NYSE) in New York City, on Aug. 7, 2019. Brendan McDermid/Reuters
|Updated:

Reuters—Boeing Co is considering a plan to cut its workforce by about 10 percent, 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, which has been under strain due to the crisis in the global airline industry, the report said.