Boeing to offer second layoff plan, CEO Calhoun sees smaller market ahead – Reuters India

FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo(Reuters) – Boeing Co said on Monday it would offer employees a voluntary layoff package with pay and benefits for the second time this year, as the planemaker battles…

Boeing to offer second layoff plan, CEO Calhoun sees smaller market ahead – Reuters India

FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo(Reuters) – Boeing Co said on Monday it would offer employees a voluntary layoff package with pay and benefits for the second time this year, as the planemaker battles a coronavirus-induced slowdown in global air travel. It will be offered to employees in the commercial airplanes and services businesses as well as corporate functions, Chief Executive Officer Dave Calhoun wrote in a note to employees, a copy of which was seen by Reuters. “Unfortunately,
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