Boeing plans workforce cut after $641m first-quarter loss 1
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Boeing plans workforce cut after $641m first-quarter loss

Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic. The aerospace giant plans to reduce its workforce by 10 percent through a combination of voluntary and involuntary layoffs and will slash production of its main commercial planes, including the

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