PPRuNe Forums - View Single Post - Boeing to cut 10% of workforce amid staggering $641 million loss in first quarter
Old 30th Apr 2020, 04:10
  #16 (permalink)  
Thaihawk
 
Join Date: Jan 2008
Location: Ban Chiang,Thailand
Age: 67
Posts: 191
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by DaveReidUK
Does anyone seriously believe Boeing will be able to continue to employ the remaining 90%.
The answer to that has to be a negative. This is but the first tranche to go. I would expect at least 30% to be gone or going by the end of the year. New commercial orders are going to be few and far between, and also far smaller than hitherto.

As to whether the 737 MAX ever re-enters service, and if it does will it be profitable, the outlook is far from rosy.

Boeing may be surviving on DoD contracts in a few years.
Thaihawk is offline