Boeing Will Cut Production And Jobs Further, And May Build 787 Only In South Carolina
Collapse in demand for airliners from the COVID-19 pandemic
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July 29, 2020 - by Dominic Gates for seattletimes.com
Boeing said Wednesday that, due to the collapse in demand for airliners from the COVID-19 pandemic, it will cut widebody jet production rates in Everett and will study the feasibility of closing the 787 Dreamliner assembly line there to consolidate that work in South Carolina.
As the company announced a $2.4 billion loss for the quarter ending in June, Boeing said these moves will force further job losses beyond those previously announced, without specifying how deep the cuts will go.
In April, after the pandemic first locked down air travel, Boeing said it would cut "more than 15%" of jobs at its commercial jet business, principally in its Seattle-area operations, amounting to a 10% cut companywide in a combination of voluntary buyouts and layoffs.
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