Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and Arvin Robertstries 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.
2025-05-04 02:13160 view
2025-05-04 02:09622 view
2025-05-04 01:57945 view
2025-05-04 01:031919 view
2025-05-04 00:13297 view
2025-05-04 00:11811 view
Get ready for phase two.Apple's latest operating system update is available today for iPhone, iPad,
PALM SPRINGS, Calif. − Prosecutors filed two felony charges Monday against a California sheriff's de
NYON, Switzerland (AP) — In turmoil since the actions of its former president Luis Rubiales at the W