Boeing will further assess the size of its workforce amid the Covid-19 pandemic, the American airplane giant's President and CEO Dave Calhoun said.
The market simply won't support higher output levels at this time, and the company needs to adapt accordingly, Xinhua news agency reported citing Calhoun as saying in a letter to employees sent on Wednesday.
Boeing previously announced a net 10 per cent workforce reduction in 2020 through a combination of voluntary layoffs, attrition and involuntary layoffs (ILOs) to align to a smaller market.
According to Calhoun, the first wave of associates affected by ILOs received notification in May, and the