Boeing plans more job cuts, prepares new voluntary buyouts - Bloomberg
- Boeing (NYSE:BA) is preparing to offer further voluntary buyouts to its employees for a second time this year as the company extends its workforce cuts beyond the original 10% target unveiled in April, Bloomberg reports, citing an internal message from CEO Dave Calhoun.
- The "voluntary layoffs" will be offered to workers in Boeing's commercial airplanes unit, services division and corporate operation, Calhoun says in the message.
- More details will be made available to workers beginning Aug. 24, according to the report.
- Boeing began laying off 6,700 employees in late May, part of the 10% workforce reduction that had been announced in April.