Boeing to axe a tenth of its workers as strike continues
Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with issues across its business. Chief executive Kelly Ortberg said in an email to staff that "executives, managers, and employees'" jobs are all at risk.
Boeing to Cut 17,000 Jobs, Delay First 777X Jet as Strike Hits Finances
(Reuters) -U.S. planemaker Boeing will cut 17,000 jobs, or 10% of its global workforce, delay first delivery of its 777X jet by a year and expects substantial new losses in its defense business as a month-long strike batters company finances, CEO Kelly Ortberg said on Friday.
Boeing surprised markets late Friday with news that it plans to cut about 10% of its workforce, and warned investors that it ...
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