new Delhi. Boeing, a global aircraft manufacturing company, is retrenching more than 12,000 people. The aviation industry has suffered a major setback due to travel restrictions due to the Covid-19 crisis. The company can also remove more people from the job. America's largest manufacturing company will lay off 6,770 American employees this week. Apart from this, 5,520 employees have opted for voluntary retirement. Boeing had announced that it would cut its workforce by 10 percent. The total workforce of the company is around 160,000.
Companies have started retrenching employees due to Coronavirus Pandemic and its prevention has affected businesses due to lockdown. Bengaluru-based startup Livespace has laid off 15 percent of the workforce, or 450 people. The company took this decision only last week. At the same time, Rico Auto Industries, which manufactures auto parts, fired 119 permanent employees of the Dharuhera plant in Haryana on 22 May.
Rolls-Royce Sort
Rolls-Royce, the manufacturer of the aerospace engine, has cut about 9,000 jobs worldwide due to a sharp decline in air travel due to the Corona virus epidemic. There are a total of 52,000 employees in the company and it is not yet clear where this deduction will be made. Company chief executive Warren East said that in this unpredictable time, difficult decisions have to be taken to handle the company.
On March 28, a powerful earthquake struck Myanmar. Its tremors were felt till Thailand, Vietnam,
Till now, no agreement has been reached between the Central Government and farmer organizations o
US intelligence agency CIA Chief William Burns said that raising concerns over the use of nuclear
Today Rain Alert: Monsoon has become active once again. Many areas of Delhi-NCR have recorded rai
Jaipur Mumbai Train Firing An incident has come to the fore raising questions on the safety of th
According to the Central Pollution Control Board, more than three and a half hundred rivers in th
After facing a crushing defeat at their home ground, Gujarat Titans have now reached their home t
Indian Government's Digital Strike: Banned 348 Mobile Apps, Some Of It Made In China
The Indian government has blocked more than 300 mobile apps. According to the PTI report, the Ind
In the last 24 hours, 2,706 new cases of corona have been reported in the country, while 25 peopl
Air India is preparing to buy 500 new aircraft. According to reports, Tata Group's Air India is g
