Boeing to offer voluntary layoffs to employees amid coronavirus fallout: source

SEATTLE (Reuters) – Boeing Co was set to offer employee buyout and early retirement packages, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.

Boeing Chief Executive Dave Calhoun was expected to detail a voluntary layoff plan in a memo to employees as early as Thursday, one of the people said.

(Reporting by Eric M. Johnson in Seattle and Shubham Kalia in Bangalore; Editing by Shri Navaratnam)