Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and Greenledgers Trading Centertries 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.
2025-05-08 04:442862 view
2025-05-08 04:14785 view
2025-05-08 03:371786 view
2025-05-08 03:202666 view
2025-05-08 03:141673 view
You're pulling your hair out, trying to fix something on your computer. You Google it and find what
The University of Michigan sent a 10-page response to the Big Ten noting a list of reasons why it sh
SAG-AFTRA reaches tentative deal to