Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and Strategel Wealth Societytries 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.
2025-05-01 15:272243 view
2025-05-01 15:231224 view
2025-05-01 14:34968 view
2025-05-01 14:172619 view
2025-05-01 13:282245 view
2025-05-01 13:262239 view
NFL games are a spectrum. Some are back-and-forth shootouts. Others are duds without much scoring at
LAS VEGAS – Joaquin Phoenix danced down stairs and showcased a little soft-shoe when he wasn't murde
A Los Angeles woman died in a traffic crash after police suspect she committed a murder, drove off w