{"id":346367,"date":"2020-04-13T09:59:44","date_gmt":"2020-04-13T04:29:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346367"},"modified":"2020-04-13T10:42:11","modified_gmt":"2020-04-13T05:12:11","slug":"covid-19-boeing-mulls-10-workforce-cut-announces-voluntary-layoff-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-boeing-mulls-10-workforce-cut-announces-voluntary-layoff-plan\/","title":{"rendered":"Covid-19: Boeing mulls 10% workforce cut; announces voluntary layoff plan"},"content":{"rendered":"<p>The US-based airplane major, Boeing, is planning to cut nearly 10 per cent of its workforce amid the fallout caused by the coronavirus-induced pandemic, according to a media report. CEO Dave Calhoun outlined a plan of voluntary layoffs for employees, while warning that the coronavirus pandemic would have a lasting impact on the global aerospace industry. <\/p>\n<p>The plan, which includes buyouts, early retirements and involuntary layoffs, is expected to mostly target the company&#8217;s commercial arm, since turmoil in the global airline industry has put the unit under immense strain, Reuters quoted the Wall Street Journal as saying in a report on Friday. <\/p>\n<p>No decisions on cuts have been made, with the potential 10 per cent decline in labour force still under consideration, according to the report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US-based airplane major, Boeing, is planning to cut nearly 10 per cent of its workforce amid the fallout caused by the coronavirus-induced pandemic, according to a media report. CEO Dave Calhoun outlined a plan of voluntary layoffs for employees, while warning that the coronavirus pandemic would have a lasting impact on the global aerospace industry. The plan, which includes buyouts, early retirements and involuntary layoffs, is expected to mostly target the company&#8217;s commercial arm, since turmoil in the global airline industry has put the unit under immense strain, Reuters quoted the Wall Street Journal as saying in a report [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-346367","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=346367"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346367\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}