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Boeing plans to cut 787 Dreamliner output, jobs: Bloomberg News

Published 04/23/2020, 08:20 PM
Updated 04/23/2020, 08:25 PM
© Reuters. The new Boeing 787-10 Dreamliner sits on the tarmac before a delivery ceremony to Singapore Airlines at the Boeing South Carolina Plant in North Charleston

(Reuters) - Boeing Co (N:BA) is planning to cut 787 Dreamliner output by about half and announce job cuts in its first-quarter earnings report, Bloomberg news reported https://www.bloomberg.com/news/articles/2020-04-23/boeing-poised-to-cut-dreamliner-output-jobs-on-plunging-demand on Thursday.

Details of the production changes for Boeing's commercial lineup are still being finalized and will determine the number of jobs to be removed through layoffs and buyouts, the report added.

Boeing did not immediately respond to a Reuters request for comment.

Latest comments

Boeing needs to shrink itself towards new health. That could mean shrink it's stockprice too. - Disclaimer: open orders at 45.45 along the rising monthly bottoms trendline.
you missed the bottom bud
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