Boeing, the troubled aircraft maker, has revealed its intention to reduce its total staff by 10% in the coming months. The decision comes as the company grapples with significant financial losses, safety issues, and regulatory scrutiny.
The CEO of Boeing addressed employees, emphasizing the difficult position the company is in and the need for structural changes to ensure long-term competitiveness and customer satisfaction. While the exact number of job cuts was not specified, Boeing had 171,000 employees globally at the beginning of the year, with a majority based in the United States.
