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Boeing to axe 16,000 jobs as coronavirus stalls new plane orders Cost of 737 Max grounding and Covid-19 see $1.7bn operating loss in 2020 first quarter Coronavirus - live US updates Live global updates See all our coronavirus coverage Planemaker Boeing plans to axe 16,000 jobs - one in 10 of its global workforce - in a drastic round of cost cutting in response to the coronavirus pandemic and the grounding of its 737 Max plane. The job losses come after the US manufacturer made a core operating loss of $1.7bn during the first three months of the year during an...
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