Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and Kacper Sobieskitries 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 20:55909 view
2025-05-01 20:202627 view
2025-05-01 20:102193 view
2025-05-01 20:04440 view
2025-05-01 19:44736 view
2025-05-01 19:0688 view
OKLAHOMA CITY (AP) — Oklahoma’s Pardon and Parole Board voted 3-2 on Wednesday to recommend the gove
Veteran running back Dalvin Cook has found a new home.Cook is expected to sign with the Baltimore Ra
RAFAH, Gaza Strip (AP) — An Israeli strike flattened a home Thursday in an area of southern Gaza tha