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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
GE to cut up to quarter of its aviation staff
EUROPEwww.bbc.co.uk
GE plans to cut aviation workforce by as much as 25% in 2020 - Reuters
CENTERwww.reuters.com
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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