Boeing Announces Thousands Of Job Cuts

Boeing announced involuntary layoffs affecting over 6,700 US workers due to the pandemic's impact on travel and plane orders. The company offers support like severance pay and career services. Additionally, 5,520 workers opted for voluntary buyouts. Boeing's employment stands at 160,000. The pandemic led to zero plane purchases in April and many canceled orders for the 737 Max, which was already grounded after fatal crashes.

What support did Boeing offer to the workers affected by the layoffs?

• Free housing

• Paid vacations

• Severance pay and health care coverage

• Stock options

How many workers took voluntary buyouts at Boeing?

• 6,700

• 3,000

• 10,000

• 5,520

What was the total number of employees at Boeing during the pandemic?

• 100,000

• 200,000

• 50,000

• 160,000

What was the status of Boeing's plane purchases in April?

• Remained stable

• Increased significantly

• Doubled

• Zero purchases

Why was the 737 Max grounded worldwide?

• Because of a new model release

• After two crashes that resulted in 346 deaths

• Due to high fuel consumption

• For routine maintenance