Boeing to cut workforce and production as it braces for years-long industry recovery
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(Reuters) - Boeing Co said on Wednesday it would cut its workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery from the coronavirus pandemic that drove the planemaker to a net loss for the second straight quarter.Chicago-based Boeing burned through $4.7 billion(3.79 billion pounds) in cash in the first quarter but said it was confident of getting sufficient liquidity to fund its operations, sending its..