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The planemaker will also delay the delivery of its first 777X jet by a year. Boeing CEO Kelly Ortberg said that the comapny must shrink its workforce "to align with financial reality". Listen to Story ...

Planemaker Boeing has decided to let go of about 10% of its global workforce, including executives, managers and employees, according to a memo by CEO Kelly Ortberg cited by Bloomberg on October 11.

Boeing will cut 17,000 jobs, delay 777X jet deliveries by a year, and record $5 billion losses due to an ongoing strike by West Coast workers. CEO Kelly Ortberg stated that the downsizing aligns with ...

(Reuters) — Boeing will cut 17,000 jobs, or 10% of its global workforce, delay the first delivery of its 777X jet by a year and announced substantial new losses in its defense business as a month-long ...

Boeing to cut 17,000 jobs, delay first 777X delivery as strike hits finances U.S. plane-maker to slash 10% of its global workforce to align with its 'financial reality' ...

Mr Ortberg also said Boeing has notified customers that it now expects first delivery of its 777X in 2026 due to challenges in development, the flight-test pause and the work stoppage. Boeing had ...

Mr. Ortberg also said Boeing has notified customers that the company now expects the first delivery of its 777X in 2026 due to the challenges Boeing has faced in development, as well as from the ...

The company announced a series of belt-tightening measures and production delays in the wake of the ... As a result of the strike, Boeing said it is pushing back first delivery of the 777X to 2026 ...