Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
- Boeing plans to lay off about 17,000 workers, nearly 10% of its staff, due to financial losses and ongoing strikes affecting production.
- CEO Kelly Ortberg announced the layoffs would involve executives, managers, and employees, suspending previous furloughs.
- Approximately 33,000 union machinists have been on strike since Sept. 14, with failed negotiations leading Boeing to file an unfair-labor-practices charge.
403 Articles
403 Articles
17,000 jobs will be cut at Boeing as months-long strike continues
Boeing will cut 17,000 jobs — 10% of its global workforce — delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a month-long strike. CEO Kelly Ortberg said in a message to employees that the significant downsizing is necessary “to align with our financial reality” after an ongoing strike by 33,000 U.S. West Coast workers halted production of its …
Boeing to cut about 17,000 jobs as strike drags on
Boeing will cut 10% of its workforce in coming weeks and had called a halt to its 767 freighter program. It announced the changes on Friday, as the company deals with a strike called last month by the International Association of Machinists and Aerospace Workers. About 33,000 union members walked off the job in mid-September, after […] The post Boeing to cut about 17,000 jobs as strike drags on appeared first on Must Read Alaska.
ThePatriotLight - Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
ThePatriotLight - Boeing will cut 17,000 jobs — 10% of its global workforce — delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a monthlong strike.CEO Kelly Ortberg said in a message to employees that the significant downsizing is necessary "to align with our financial reality" after an ongoing strike by 33,000 U.S. West Coast workers halted pr…
Boeing to cut 17,000 jobs amid strikes and plane safety issues
Boeing is to axe a 10th of its workforce (Picture: Getty Images) Boeing plans to cut 17,000 jobs – a 10th of its workforce – as it battles an ongoing strike and plane safety issues. Executives and managers will be among those axed, the aircraft manufacturer’s new chief executive Kelly Ortberg told staff in a memo yesterday. Boeing has around 170,000 employees across the world, many of them employed at manufacturing facilities in the states of Wa…
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