Boeing considers potential 10% cut to workforce: WSJ


FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo

(Reuters) – Boeing Co (BA.N) is considering a plan to cut its workforce by about 10%, 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, the report added.

Boeing was not immediately available for comment outside office hours.

Reporting by Maria Ponnezhath in Bengaluru



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