Boeing has announced that it will cut 17,000 jobs due to the difficult situation

Boeing plans to cut 10% of its workforce, that is, about 17,000 workers, the company's CEO Kelly Ortberg announced on Friday.

This is reported by Ukrinform with reference to The Hill.

"Our business is in a difficult situation, and it is difficult to overestimate the challenges we are facing", – Ortberg said.

He also announced that deliveries of 777X aircraft will be delayed until 2026, and production of 767 Freighters will be discontinued in 2027.

According to the CEO, "the recovery of the company “requires difficult decisions” and will have to make structural changes “to ensure competitiveness and a long-term perspective for customers”. after nearly four weeks of strike.

About 33,000 workers left it in mid-September. According to consulting firm Anderson Economic Group, as of September 27, the strike had cost the company, workers and suppliers a total of $1.4 billion.

Boeing says the union made “non-negotiable demands and significantly exceed what can be accepted if we want to remain a competitive business.