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

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines