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Boeing to Cut 17,000 Jobs, Delay 1st 777X Jet

Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances

Boeing 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,

Business Insider on MSN · 1d

Boeing will delay its 777X plane and cut 10% of workforce as it deals with a strike and 737 Max issues

As of the end of 2023, Boeing had about 170,000 employees.Other cost-cutting measures the company is taking include discontinuing the 767 cargo plane, Ortberg said.Before the cost-cutting moves, analysts had estimated ballooning costs of up to $50 million a day as 33,

UPI News on MSN · 1d

Boeing to lay off 17,000 workers, delay 777X rollout amid machinists strike

Boeing will lay off 17,000 workers and delay the introduction of its 777X wide-body plane until 2026, CEO Kelly Ortberg revealed Friday amid an increasingly bitter five-week-old machinist strike.

Aviation Week1d

Emirates New Training Facility To Offer A350, 777X Flight Simulators

Dubai-based Emirates Airline reports that it will open its advanced pilot training facility later in 2024. The 63,318 ft.2 ...

Forbes1mon

Boeing’s 777X Test Fleet Grounded After Fault Found In Engine Frame

Offering an insider’s view of the business of flight. A Boeing 777X flight test aircraft is parked at a gate at the Everett Delivery Center on June 26, ... [+] 2024 in Everett, Washington.

Business Insider India7mon

I toured an experimental Boeing 777X aircraft, which the planemaker is using to certify the new $442 million widebody. See inside.

Boeing also plans to build a freighter option. Despite ambitious planes, the planmaker has faced a number of hurdles during the 777X's certification, pushing the original certification timeline ...

The Business Journals25d

Boeing to begin nationwide furloughs

Production of defense programs will continue, as well as the manufacture of composite parts for the Boeing 777X commercial aircraft, the spokesperson added. Members of International Association of ...

Seeking Alpha29d

Boeing: Why The Strike Could Cost Billions Of Dollars

The largest union at Boeing, the International Association of Machinists and Aerospace Workers, or IAM, was looking for a 40% increase in pay as well as job security for decades to come.

Republic Business on MSN23h

Boeing to cut 17,000 jobs and delay first 777X delivery as strike hits finances

Boeing CEO tells employees significant downsizing is necessary "to align with our financial reality" after an ongoing strike ...

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