Boeing plans to cut 17,000 jobs due to factory worker strikes affecting airplane production.

Boeing plans to cut 17,000 jobs, representing 10% of its workforce, due to ongoing strikes by factory workers that have severely impacted airplane production. The company is facing significant financial challenges, leading to delays in the delivery of its 777X model and other operational adjustments as it seeks to manage costs amid the labor dispute.

October 11, 2024
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