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Boeing to offer voluntary layoffs to employees amid coronavirus fallout: Sources

Last Updated : 02 April 2020, 05:01 IST
Last Updated : 02 April 2020, 05:01 IST

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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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Published 02 April 2020, 04:51 IST

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