GE plans to cut aviation workforce by as much as 25% in 2020

GE plans to cut aviation workforce by as much as 25% in 2020

General Electric Co said on Monday that it was planning to cut its global workforce in the aviation department by as much as 25% this year, including both voluntary and involuntary layoffs, due to the business disruptions caused by the COVID-19 pandemic. The job cuts are part of the $3 billion in cost and cash savings announced by the company in April 2020.

Milan
Milan
Timothy
Timothy 3 weeks

The human cost to this pandemic will rack up for years and will be calculated in ways we can’t imagine yet.

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