Wednesday, April 29, 2020

Boeing Reports Huge Loss And Will Shed 16,000 Jobs

Boeing Reports Huge Loss And Will Shed 16,000 Jobs

Today, Boeing announced a massive loss of $1.7 billion from its core operations.  The loss exceeded Wall Street predictions and Boeing says that they will cut 16,000 jobs or 10% of its workforce.   The workforce cuts will be made through buyouts, natural attrition and layoffs. The “Perfect Storm” Moviegoers should remember the movie – The […]

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