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Boeing Announces Thousands Of Layoffs

May 29 2020

USA

Boeing has announced that it will lay off thousands of workers as it deals with the effects of the novel coronavirus (COVID-19) pandemic, reports the Seattle Times.

The workforce reduction will include about 6,770 involuntary layoffs and 5,500 voluntary buyouts, the company announced on Wednesday. Nearly 10,000 of the terminations are scheduled to occur before July 31.

Additional layoffs in Canada and Australia are expected to bring the total number of job losses at the company to...

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