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Latin Times
Latin Times
Business
Michelly Teixeira

Boeing to Cut 17,000 Jobs Over the Coming Months as Strikes and Safety Crises Impact the Company

Major Overhaul Ahead (Credit: AFP)

Boeing is making significant changes to its staff as it confronts ongoing challenges from a major strike and lingering safety concerns. The American aerospace giant announced plans to cut approximately 17,000 jobs "over the coming months", representing about 10% of its workforce.

In a memo to employees, Kelly Ortberg, Boeing's new CEO, emphasized the need of "tough decisions" and "structural changes" to "align with our financial reality". He noted the importance of being "clear-eyed" about the company's recovery timeline. "These reductions will include executives, managers and employees."

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