March 23, 2020 / 1:27 PM / 8 days ago

GE's aviation unit to cut U.S. workforce by about 10% -CEO

March 23 (Reuters) - General Electric Co’s aviation unit plans to cut its total U.S. workforce by about 10%, Chief Executive Officer Larry Culp said on Monday, as airlines delay purchases amid the coronavirus pandemic.

In a letter to employees, Culp also said he would forgo his salary for the rest of 2020. (reut.rs/3aetSlc)

The company’s aviation business makes engines for Boeing Co and Airbus SE planes. (Reporting by Ankit Ajmera in Bengaluru; Editing by Anil D’Silva)

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