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Boeing to cut 10% of work force as 1Q revenue, profit slide

by AP Airlines Writer
| April 29, 2020 7:27 AM

Boeing outlined plans Wednesday to cut 10% of its workforce, slow production of new planes and raise more cash to survive a downturn in business that started with the grounding of its best-selling jet and has accelerated with a deep slump in air travel caused by the coronavirus pandemic.

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