SEATTLE (Reuters) – Boeing Co ( BA.N) is set to offer buyout and early retirement packages to staff members, two people acquainted with the matter said on Wednesday, a quote to alleviate the monetary fallout from the coronavirus pandemic.
FILE IMAGE: An employee leaves the Boeing Everett Factory, amidst the coronavirus illness (COVID-19) outbreak, in Everett, Washington, U.S. March 23,2020 REUTERS/David Ryder
Boeing was initiating a voluntary layoff strategy that allows eligible employees who want to exit the business to do so with a pay and advantages plan, one of the people said.
Boeing President Dave Calhoun is expected to information a voluntary layoff plan in a memo to employees as early as Thursday, the 2nd individual