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Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
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Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances
Oct 11, 2024 1:50 PM

Oct 11 (Reuters) - Boeing ( BA ) will cut 17,000 jobs, or 10%

of its global workforce, delay first delivery of its 777X jet by

a year and expects substantial new losses in its defense

business as a month-long strike batters company finances, CEO

Kelly Ortberg said on Friday.

Ortberg said in a message to employees that the company must

reset its workforce levels "to align with our financial reality"

after a strike by around 30,000 U.S. West Coast workers

shuttered production of its 737 MAX, 767 and 777 jets.

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