Boeing to slash 10% of its workforce as embattled aviation giant announces another delay to 777X jet
Boeing will cut about 17,000 jobs and delay the first deliveries of its 777X jet by a year, the US plane maker said, as it contends with a worker strike and fears over its safety record. As well as cutting 10 percent of its global workforce, the manufacturer said it would also discontinue the 767 cargo plane. CEO Kelly Ortberg told employees that the downsizing was needed 'to align with our financial reality' in the face of a damaging strike by 33,000 machinists.
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