December 4, 2020

Boeing slashes 12,000 jobs as virus seizes travel industry – ABC News

Boeing is cutting more than 12,000 jobs through layoffs buyouts, with several thous more cuts expected over the next few months as it deals with a downturn in air travel caused by the coronavirus pemic

Boeing is cutting more than 12,000 jobs through layoffs buyouts as the coronavirus pemic seizes the travel industry, more cuts are coming.

One of the nation’s biggest manufacturers will lay off 6,770 U.S. employees this week, another 5,520 workers are taking buyout offers to leave voluntarily in the coming wee

Air travel within the U.S. tumbled 96% by mid-April, to fewer than 100,000 people on some days. It has recovered slightly. The Transportation Security Administration said it screened 264,843 people at airports on Tuesday, a drop of 89% compared with the same Tuesday a year ago.

Boeing had said it would cut 10% of a work force that numbered
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