Deeper job cuts at Boeing as pandemic throttles air travel

Deeper job cuts at Boeing as pandemic throttles air travel

Reuters | New York

The Daily Tribune - www.newsofbahrain.com

Boeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes.

The company said that when retirements and other employee departures are included, its workforce will shrink to about 130,000 by the end of next year, or 30,000 fewer people than it had at