Search
Add Listing
  • You have no bookmark.

Your Wishlist : 0 listings

Sign In
U.S.

Boeing will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues

Boeing will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues
Boeing’s CEO said the company was cutting 10% of its workforce.

  • Boeing said Friday that it would cut 10% of its 170,000-strong workforce.
  • CEO Kelly Ortberg said the company was in a “difficult position” amid a strike.
  • The planemaker is still dealing with the fallout of quality-control issues on some of its plane models.

Boeing said Friday that it would cut its workforce by 10%, further delay its 777X plane, and discontinue a freighter model as it deals with the financial fallout of an ongoing strike.

In a note to employees, CEO Kelly Ortberg said Boeing was in a “difficult position” and that “restoring our company requires tough decisions.” The planemaker is mired in regulatory headaches after a January incident in which a door plug blew out of a 737 Max, as well as an ongoing strike.

Ortberg, who took over as CEO in August, said the workforce reduction included executives and manager-level positions. As of the end of 2023, Boeing had about 170,000 employees.

Other cost-cutting measures include discontinuing the 767 cargo plane, Ortberg said.

This story is breaking. Check back for updates.

Read the original article on Business Insider



This article was originally published by Kelsey Vlamis,Taylor Rains at All Content from Business Insider (https://www.businessinsider.com/boeing-layoffs-strike-777x-delay-freighter-2024-10).

General Content Disclaimer



The content on this website, including articles generated by artificial intelligence or syndicated from third-party sources, is provided for informational purposes only. We do not own the rights to all images and have not independently verified the accuracy of all information presented. Opinions expressed are those of the original authors and do not necessarily reflect our views. Reader discretion is advised, as some content may contain sensitive, controversial, or unverified information. We are not responsible for user-generated content, technical issues, or the accuracy of external links. Some content may be sponsored or contain affiliate links, which will be identified accordingly. By using this website, you agree to our privacy policy. For concerns, including copyright infringement (DMCA) notices, contact us at info@texasnews.app.

Photos show some houses survived Hurricanes Helene and Milton while their neighbors crumbled. Homeowners can learn from them. Prev Post
Photos show some houses survived Hurricanes Helene and Milton while their neighbors crumbled. Homeowners can learn from them.
TikTok knew its algorithm harmed kids, accidentally revealed internal documents show Next Post
TikTok knew its algorithm harmed kids, accidentally revealed internal documents show

Add Comment

Your email is safe with us.

0
Close

Your cart

No products in the cart.