Boeing Co CEO Dave Calhoun told employees on Wednesday that the largest US planemaker is reducing the size of its workforce by about 10 percent amid a steep fall in travel demand due to the coronavirus pandemic.
"We have begun taking action to lower our number of employees by roughly 10 percent through a combination of voluntary layoffs, natural turnover and involuntary layoffs as necessary," Calhoun said in an email seen by Reuters.
Boeing will need to make "even deeper reductions in areas that are most exposed to the condition of our commercial customers” more than 15 percent across our commercial airplanes and services businesses, as well as our corporate functions," he said.
Boeing has about 160,000 employees worldwide.
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