Boeing plans to cut 787 Dreamliner output, jobs: Report
Fox Business Flash top headlines for April 23
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.
Boeing is getting ready to cut production of the 787 Dreamliner and reduce jobs, according to Bloomberg.
Continue Reading Below
Output of the dreamliner could be reportedly cut in half and make the job cuts officials next week when the company reports earnings.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The number of jobs will demand on the final production plans.
The Dreamliner's monthly production this year has been 14 jets and could be cut to single digits.
FOX Business reached out to Boeing for comment.
BOEING IS SUED FOR $336 MILLION OVER CANCELED 737 MAX ORDER
Global airline sales are projected to to drop by $314 billion this year, according to an industry trade group.
CLICK HERE TO READ MORE ON FOX BUSINESS
Shares of Boeing fell 1 percent to $136.31 in after-hours trading.
Source: Read Full Article