Boeing To Announce Job Cuts

The video discusses the impact of the pandemic on travel, highlighting Boeing's challenges. Boeing plans to lay off 2,500 workers, mainly in Seattle, as part of voluntary layoffs. The company, which employs 160,000 people globally, has seen a significant drop in plane orders, especially for the 737 Max, which was grounded after fatal crashes. The pandemic has severely affected travel, leading to financial difficulties for Boeing.

What is the primary reason for the low travel rates mentioned in the video?

• Economic recession

• Technological advancements

• Pandemic

• Natural disasters

Which union is mentioned as representing many Boeing workers?

• International Brotherhood of Teamsters

• United Auto Workers

• American Federation of Teachers

• Society of Professional Engineering Employees and Aerospace Union

How many union members accepted voluntary buyouts last month?

• 1300

• 500

• 2500

• 1600

What percentage of its workforce did Boeing plan to cut?

• 20%

• 5%

• 10%

• 15%

What was a significant issue with Boeing's 737 Max planes?

• High fuel consumption

• Grounding due to crashes

• Poor customer reviews

• Delayed production