Boeing Leaders Outline Footprint Cuts Of 30%

787
Credit: Joe Pries
Boeing plans to cut its workforce by almost 19% by the end of 2021 and is beginning a consolidation process that could see up to a 30% cut in the company’s footprint, Boeing said Oct. 28 while discussing third-quarter results. In a teleconference with Wall Street analysts, CFO Greg Smith discussed...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

Subscription Required

 

Boeing Leaders Outline Footprint Cuts Of 30% is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.