While generally true, The medium term view is why they need to let go in the first place . I am guessing aircraft manufacturing is going to severely depressed

While generally true, The medium term view is why they need to let go in the first place . I am guessing aircraft manufacturing is going to severely depressed in the medium term. Customers are delaying deliveries, canceling orders etc. Demand will likely not return to pre covid levels in even one year. Even if it does, airlines are not in any financial position to make significant purchases for few years. On top of it 737-MAX issues and resulting hold in manufacturing of that line has not left Boeing in a great shape.