GE Aviation lays off 10% of US staff, implements broad furlough programme
GE Aviation intends to reduce its US workforce by 10% and to furlough 50% of MRO workers for 90 days in response to collapse of air travel demand caused by the coronavirus outbreak. Lawrence Culp, CE of parent company GE, announced the cuts Monday. GE Aviation is one of the first major aerospace companies to publicly announce significant lay-offs due to the coronavirus pandemic. GE Aviation did not immediately specify how many staff are affected by the moves or when the workforce reduction will be compete. GE Aviation says it supports a request by the broader aerospace manufacturing industry for billions of dollars in US federal govt aid. A bail-out package is still working its way through the US Congress. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-03-24/general/ge-aviation-lays-off-10-of-us-staff-implements-broad-furlough-programme
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GE Aviation lays off 10% of US staff, implements broad furlough programme
GE Aviation intends to reduce its US workforce by 10% and to furlough 50% of MRO workers for 90 days in response to collapse of air travel demand caused by the coronavirus outbreak. Lawrence Culp, CE of parent company GE, announced the cuts Monday. GE Aviation is one of the first major aerospace companies to publicly announce significant lay-offs due to the coronavirus pandemic. GE Aviation did not immediately specify how many staff are affected by the moves or when the workforce reduction will be compete. GE Aviation says it supports a request by the broader aerospace manufacturing industry for billions of dollars in US federal govt aid. A bail-out package is still working its way through the US Congress. <br/>
