by Rachel Lynn Aldrich
Posted 5/28/20, 11:48 am
Boeing will cut 12,000 U.S. jobs in the coming weeks, executives announced on Wednesday. Most of the layoffs are in the Seattle area, where the company produces commercial airliners. The cuts highlight the effects coronavirus-related shutdowns have on the economy, including air travel decreasing by 96 percent as of mid-April. Roughly 2.1 million additional workers applied for unemployment benefits last week, according to a U.S.