GE Aviation plans to cut 13,000 jobs as coronavirus hits demand
04 May 2020 - 20:29
Washington — General Electric said on Monday it was planning to cut the global workforce of its aviation unit in 2020 by as much as 25%, or up to 13,000 jobs, including both voluntary and involuntary layoffs, citing prolonged aircraft reduction schedules caused by the coronavirus pandemic.
The job cuts are the latest mounting woes for the aviation sector that are now expected to last into 2021 as US passenger air travel demand has fallen by 95%...
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