Citing 'Devastating' Pandemic Impact, Boeing To Lay Off 7,000 More Workers

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Boeing will be laying off thousands of additional employees as the airplane manufacturer continues to lose money due to the coronavirus pandemic.

"This moment is among the most difficult in our more than 100-year history," CEO Dave Calhoun said. Most of the layoffs will be in Washington state, where Boeing designs and builds many aircraft.

(Image credit: Elaine Thompson/AP)