GE warns of more job cuts at aviation business amid sluggish recovery

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General Electric Co on Tuesday warned of more job cuts at its aviation unit, citing a lengthy recovery for the airline industry from the impact of ...

REUTERS: General Electric Co on Tuesday warned of more job cuts at its aviation unit, citing a lengthy recovery for the airline industry from the impact of the coronavirus crisis.

In an internal video message delivered on Friday, GE's aviation unit head John Slattery said additional job cuts would be a component of those options, a company official said.The Boston-based conglomerate in May announced plans to cut the global workforce at its aviation unit by as much as 25per cent in 2020, or up to 13,000 jobs, citing prolonged aircraft reduction schedules caused by the pandemic.

 

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