Aviation Boeing plans to cut around 17,000 jobs in the coming months

SDA

11.10.2024 - 23:57

The struggling US aircraft manufacturer Boeing has announced that it will cut around ten percent of its global workforce in the coming months - that is around 17,000 jobs. The cuts are intended to help overcome the company's financial problems, as Boeing announced on Friday.

In particular, the current strike by more than 33,000 Boeing employees is causing the company's results to plummet in the third quarter.

Boeing CEO Kelly Ortberg explained that the company must "redefine our workforce numbers to bring them in line with our financial reality". The global job cuts will also affect the management level.

On Friday, Boeing also announced the postponement of the delivery of its new 777X wide-body aircraft from 2025 to the following year. Production of the 767 freighter will be discontinued in 2027.

SDA