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Boeing to offer voluntary layoffs to employees amid coronavirus fallout -source

Reuters | Seattle | Updated: 02-04-2020 10:21 IST | Created: 02-04-2020 09:53 IST
Boeing to offer voluntary layoffs to employees amid coronavirus fallout -source
Representative image Image Credit: ANI

Boeing Co was set to offer employee buyout and early retirement packages, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.

Boeing Chief Executive Dave Calhoun was expected to detail a voluntary layoff plan in a memo to employees as early as Thursday, one of the people said.


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