Global aircraft maker Boeing is set to lay off more than 12,000 workers. The aviation industry has been hit hard by travel bans

New Delhi: Global aircraft maker Boeing is set to lay off more than 12,000 workers. The aviation industry has been hit hard by travel bans due to the Covid-19 crisis. The company may lay off more people in the coming days.

PhotoAmerica's largest shipbuilder will lay off 6,770 employees this week. In addition, 5,520 employees have opted for voluntary retirement. Boeing had announced a 10 per cent cut in its workforce.

The company has a total of 160,000 employees. Businesses have been affected by the corona virus epidemic and its lockdown. Since then, companies have started laying off their employees.

PhotoBangalore-based startup LivSpace has laid off 15 per cent of its employees, or 450 people. The company made the decision last week. Rico Auto Industries, an auto parts maker, sacked 119 employees of Dharuhera in Haryana on May 22.

Rolls-Royce, an aerospace engine maker, has cut nearly 9,000 jobs worldwide due to a sharp drop in air travel due to the corona virus epidemic. The company has a total of 52,000 employees and it is not clear where the cuts will be made. The chief executive officer of the company said that difficult decisions would have to be taken to manage the company in this difficult time.