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Boeing will lay off 10% of its workforce, approximately 17,000 employees, in the coming months and cut its production amid an ongoing labor union strike. CEO Kelly Ortberg, who took on the role of ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Boeing will cut about 17,000 jobs and delay the first delivery of its 777X jet as the plane maker confronts ...

Boeing BA-0.20%decrease; red down pointing triangle will cut 10% of its global workforce, or roughly 17,000 jobs, and warned of deeper losses in its operations as a machinist strike compounds ...

CEO Kelly Ortberg announced the plans in a letter to employees on Friday. Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Zack Sigel is a writer and editor based in New York City. He has been managing ...

Boeing announced a similarly large percentage cut in April 2020, when air travel fell about 90 percent as the coronavirus pandemic took hold. At the end of that year, Boeing employed 141,000.