Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

Boeing plans to laic disconnected astir 10% of its workers successful the coming months arsenic it continues to suffer wealth and tries to woody with a onslaught that is crippling accumulation of the company's best-selling hose planes. New CEO Kelly Ortberg told unit successful a memo Friday that the occupation cuts volition see executives, managers and employees.

The institution had already imposed rolling impermanent furloughs, but Ortberg said those volition beryllium suspended due to the fact that of the impending layoffs.

The institution volition hold the rollout of a caller plane, the 777X, to 2026 alternatively of 2025. It volition besides halt gathering the cargo mentation of its 767 pitchy successful 2027 aft finishing existent orders.

Boeing has mislaid much than $25 cardinal since the commencement of 2019. Union machinists person been connected onslaught since Sept.