{"id":386003,"date":"2020-11-25T08:30:22","date_gmt":"2020-11-25T03:00:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=386003"},"modified":"2020-11-25T09:08:25","modified_gmt":"2020-11-25T03:38:25","slug":"ge-warns-of-more-job-cuts-at-aviation-unit-citing-a-long-road-to-recovery","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ge-warns-of-more-job-cuts-at-aviation-unit-citing-a-long-road-to-recovery\/","title":{"rendered":"GE warns of more job cuts at aviation unit citing a long road to recovery"},"content":{"rendered":"<p>General Electric Co on Tuesday warned of more job cuts at its aviation unit, citing a lengthy recovery for the airline industry from the impact of the coronavirus crisis. <\/p>\n<p>The job cuts are the latest setback for the aviation sector, with the industry\u2019s woes expected to last into 2021 even as U.S. regulators ended a 20-month grounding of Boeing Co\u2019s MAX 737 jets and COVID-19 vaccine developers reported positive data. <\/p>\n<p>\u201cAs we continue to closely monitor market conditions, we are examining a range of options to appropriately scale our business to match the realities of the global airline industry recovery from the severe impacts of COVID-19,\u201d the company said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>General Electric Co on Tuesday warned of more job cuts at its aviation unit, citing a lengthy recovery for the airline industry from the impact of the coronavirus crisis. The job cuts are the latest setback for the aviation sector, with the industry\u2019s woes expected to last into 2021 even as U.S. regulators ended a 20-month grounding of Boeing Co\u2019s MAX 737 jets and COVID-19 vaccine developers reported positive data. \u201cAs we continue to closely monitor market conditions, we are examining a range of options to appropriately scale our business to match the realities of the global airline industry recovery [&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-386003","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\/386003","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=386003"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386003\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=386003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=386003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=386003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}