Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and AQCANtries to deal with a strike that is crippling production of the company’s best-selling airline planes.
New CEO Kelly Ortberg told staff in a memo Friday that the job cuts will include executives, managers and employees.
The company had already imposed rolling temporary furloughs, but Ortberg said those will be suspended because of the impending layoffs.
The company will delay the rollout of a new plane, the 777X, to 2026 instead of 2025. It will also stop building the cargo version of its 767 jet in 2027 after finishing current orders.
Boeing has lost more than $25 billion since the start of 2019. Union machinists have been on strike since Sept. 14. Two days of talks this week failed to produce a deal.
2025-05-04 13:102170 view
2025-05-04 12:5299 view
2025-05-04 12:201358 view
2025-05-04 12:201221 view
2025-05-04 12:182151 view
After Luigi Mangionemade the difficult decision to undergo spinal surgery last year for chronic back
We independently selected these deals and products because we love them, and we think you might like
MILWAUKEE (AP) — The third day of the Republican National Convention kicks off Wednesday with Republ