Mitsubishi Aircraft to cut over half its workforce in restructuring

Mitsubishi Aircraft Corp. will cut more than half of its 2,000 workforce as part of restructuring amid a plunge in demand due to the coronavirus pandemic and repeated delays in its development of Japan's first passenger jet, a source close to the matter said Friday.The aircraft-making subsidiary of Mitsubishi Heavy Industries Ltd. will also close its U.S. headquarters, a development center in Canada and sales offices in the United States and Europe, the source said.While the company's testing site in the state of Washington will remain, its workforce will be also drastically reduced.With th…READ FULL ARTICLE