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International Business Times UK
International Business Times UK
Business
Vinay Patel

Boeing Has 170K Workers Worldwide, 17K Are About To Lose Their Jobs: What's Going On?

Boeing faces a turbulent year marked by layoffs, a major labor strike, and production delays. (Credit: Twitter / Mario Nawfal @MarioNawfal)

Boeing has announced plans for a workforce reduction, notifying around 17,000 employees this week that they will be leaving the company in mid-January.

The cuts, representing 10% of Boeing's total workforce, come in the wake of a labor union strike. In a statement to FOX Business, Boeing said: "We are adjusting our workforce levels to align with our financial reality and a more focused set of priorities."

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