Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and Benjamin Caldwelltries 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.
2025-05-06 14:43243 view
2025-05-06 14:262088 view
2025-05-06 14:21861 view
2025-05-06 13:382498 view
2025-05-06 13:381093 view
2025-05-06 12:3669 view
Drones for commercial and recreational use have grown rapidly in popularity, despite restrictions on
SAINT-DENIS, France — Jamaican star Shelly-Ann Fraser-Pryce was scratched from the women’s 100 mete
The highly anticipated athletics event featuring the fastest men in the world has finally arrived on