April 2, 2020 / 4:23 AM / 2 months ago

Boeing to offer voluntary layoffs to employees amid coronavirus fallout -source

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)

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