Boeing reveals layoffs amid bailout talk
Boeing reveals layoffs amid bailout talk

Boeing still hasn’t publicly revealed whether it will accept a bailout, but the company has announced a sizable round of layoffs due to the coronavirus. If the plane manufacturer takes a bailout too, we have to wonder why the layoffs are also needed. Wall Street rewarded Boeing’s behavior, which some may go so far as to call predatory, by boosting its stockprice in response to the announcement about the layoffs. Guess investors could care less about the economy or people’s livelihoods.Q1 2020 hedge fund letters, conferences and moreBoeing announces layoffs while bailout is pendingThe company a…

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