GE Plans More Aerospace Cuts, United Signals A Warning

Last month, in the early days of the COVID-19 pandemic, GE announced a series of furloughs and reductions totaling 10 percent of its workforce, but now says that reductions will be closer to 25 percent through “voluntary and involuntary actions.”...

GE Plans More Aerospace Cuts, United Signals A Warning

Last month, in the early days of the COVID-19 pandemic, GE announced a series of furloughs and reductions totaling 10 percent of its workforce, but now says that reductions will be closer to 25 percent through “voluntary and involuntary actions.” Meanwhile, United Airlines will cut 3,400 non-pilot positions in October, and is likely to lay […]

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