Boeing to offer voluntary layoffs to employees amid coronavirus fallout -source
Source: Reuters
COMPANY NEWS APRIL 2, 2020 / 12:23 AM / UPDATED 9 HOURS AGO
Boeing to offer voluntary layoffs to employees amid coronavirus fallout -source
1 MIN READ
SEATTLE, April 1 (Reuters) - Boeing Co was set to offer employee buyout and early retirement packages, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.
Boeing Chief Executive Dave Calhoun was expected to detail a voluntary layoff plan in a memo to employees as early as Thursday, one of the people said. (Reporting by Eric M. Johnson in Seattle and Shubham Kalia in Bangalore Editing by Shri Navaratnam)
Read more: https://www.reuters.com/article/health-coronavirus-boeing/boeing-to-offer-voluntary-layoffs-to-employees-amid-coronavirus-fallout-source-idUSL1N2BQ07J
bucolic_frolic
(43,188 posts)companies will find it cheaper to keep some employees at home permanently, many employees will like it better, 3-6% of employees will grow or start a side gig or business and never return. This has implications for REITS, commercial office space, part time workers, miles driven to commute, lunch spending, benefits status, even retirement investments.
AtheistCrusader
(33,982 posts)Hopefully there are a lot of changes around this.
Hugin
(33,164 posts)So, they want to blame it on the COVID-19 pandemic?
:smdh: