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WKSU, our public radio partners in Ohio and across the region and NPR are all continuing to work on stories on the latest developments with the coronavirus and COVID-19 so that we can keep you informed.

GE Aviation Cuts Jobs In SW Ohio Because Of COVID-19

It's unclear which jobs in SW Ohio will be affected.
Ann Thompson
It's unclear which jobs in SW Ohio will be affected.

COVID-19 is hitting GE Aviation hard financially, prompting the Evendale-based company to cut 10% of its workforce in the U.S. That amounts to 2,600 jobs in Southwest Ohio.

GE Chairman and CEO Lawrence Culp told employees Monday about the cuts, which include a temporary lack of work for 50% of U.S. maintenance workers for 90 days, a hiring freeze, cancellation of raises, and notice that head of GE Aviation David Joyce will forego half his salary starting April 1.

"The aviation industry is feeling the impact of this global pandemic most acutely. The rapid contraction of air travel has resulted in a significant reduction in demand as commercial airlines suspend routes and ground large percentages of their fleets. As a result, GE Aviation is announcing several steps that, while painful, preserve our ability to adapt as the environment continues to evolve. "

Culp goes on to say, "taken together, we expect these cost and cash actions will preserve $500 million to $1 billion in 2020."

The GE chairman says he won't take a salary for the rest of the year.

It's unclear which jobs in Southwest Ohio will be affected. There are 10,000 employees locally, including in  Erlanger, Evendale, Dayton and Peebles.

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With more than 30 years of journalism experience in the Greater Cincinnati market, Ann Thompson brings a wealth of knowledge and expertise to her reporting. She has reported for WKRC, WCKY, WHIO-TV, Metro Networks and CBS/ABC Radio. Her work has been recognized by the Associated Press and the Society of Professional Journalists. In 2019 and 2011 A-P named her “Best Reporter” for large market radio in Ohio. She has won awards from the Association of Women in Communications and the Alliance for Women in Media. Ann reports regularly on science and technology in Focus on Technology.