Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and Thurston Cartetries 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.
2025-05-07 23:062939 view
2025-05-07 23:052258 view
2025-05-07 22:52177 view
2025-05-07 22:471553 view
2025-05-07 21:142017 view
2025-05-07 20:352514 view
A motorcyclist was taken to hospital following an accident involving a car and his motorcycle at the
When I visited Whitney Plantation in Louisiana last year, I was surprised to find that the museum’s
Even as climate change spurs interest in low-carbon energy sources, high costs and stubborn construc
