Boeing Co. unveiled the first and deepest of its planned job cuts, saying it would notify 6,770 employees in the U.S. this week that their positions would be eliminated.
The collapse in air travel sparked by the coronavirus pandemic has sapped demand for jetliners, forcing Boeing to scale back its commercial business, Chief Executive Officer Dave Calhoun said Wednesday in a message to employees. Cuts overseas will be communicated separately.
Calhoun warned last month that Boeing would need to cut 10%, or about 16,000 jobs, from its workforce as many of the company’s best airline customers fight for survival. Rival Airbus SE also has been contemplating steep payroll reductions after announcing plans to pare output by more than a third.
