GE Aviation to lay off 194

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Financial Crisis, Businessman and Coronavirus
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GE Aviation plans to lay off 194 people at its Newark plant.

The plant produces ceramic components for jet engines. The layoff is believed to affect most of the workforce of the plant

The demand for jet engines has plummeted due to coronavirus-related travel restrictions that have decimated the industry. 

Another factor has been the prolonged grounding and canceled orders for the Boeing 737 Max jet. The grounding took place after two fatal crashes linked to electronic systems. Test flights are now taking place.

Click here for the WARN notice from the State of Delaware.

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