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Home Other News World & US

Reports indicate that Boeing is planning to reduce its workforce by approximately 10%

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October 11, 2024
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Reports indicate that Boeing is planning to reduce its workforce by approximately 10%
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https://sputnikglobe.com/20241012/boeing-plans-to-cut-workforce-by-roughly-10—reports-1120520437.html

Boeing Plans to Cut Workforce by Roughly 10% – Reports

Boeing Plans to Cut Workforce by Roughly 10% – Reports

Sputnik International

Boeing President and CEO Kelly Ortberg notified employees that the company is laying off roughly 10% of its workforce as it struggles to deal with hardships that the company has faced over the years, Reuters reported.

2024-10-12T03:48+0000

2024-10-12T03:48+0000

2024-10-12T03:49+0000

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“We must also reset our workforce levels to align with our financial reality and to a more focused set of priorities,” Ortberg was quoted as saying. “Over the coming months, we are planning to reduce the size of our total workforce by roughly 10 percent. These reductions will include executives, managers, and employees.” The 10% reduction is equivalent to some 17,000 jobs, according to the media. Moreover, the company announced that its new 777X aircraft will be delivered in 2026, a year after its initial delivery date. The project has faced challenges in development, as well as from the flight test pause and ongoing work stoppage. Boeing will also end production of its 767 Freighters in 2027, the report said.

https://sputnikglobe.com/20240119/another-boeing-incident-faa-finds-softball-sized-hole-in-plane-that-was-on-fire-1116277402.html

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boeing, airplanes, cargo plane, flight on fire, plane on fire, faa, ntsb, boeing on fire, plane on fire, boeing issues, problems with boeing, defective boeing, workforce cut, mass firing, mass cuts, massive cuts, exodus of employees, employee cuts, job cuts, jobs cuts

03:48 GMT 12.10.2024 (Updated: 03:49 GMT 12.10.2024)

WASHINGTON (Sputnik) – Boeing President and CEO Kelly Ortberg notified employees that the company is laying off roughly 10% of its workforce as it struggles to deal with hardships that the company has faced over the years, Reuters reported.

“We must also reset our workforce levels to align with our financial reality and to a more focused set of priorities,” Ortberg was quoted as saying. “Over the coming months, we are planning to reduce the size of our total workforce by roughly 10 percent. These reductions will include executives, managers, and employees.”

The 10% reduction is equivalent to some 17,000 jobs, according to the media.

Moreover, the company announced that its new 777X aircraft will be delivered in 2026, a year after its initial delivery date. The project has faced challenges in development, as well as from the flight test pause and ongoing work stoppage. Boeing will also end production of its 767 Freighters in 2027, the report said.

File-In this Wednesday, May 21,2008 file photo, the company logo for The Boeing Co., is displayed in El Segundo, Calif. Boeing Co. say it's cutting 1,100 jobs from its U.S. plants, most of them in Southern California, as it scales back production of its C-17 cargo planes. - Sputnik International, 1920, 19.01.2024

Another Boeing Incident: FAA Finds ‘Softball-Sized Hole’ in Plane That Was on Fire

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