Boeing to reduce workforce by approximately 10% in response to crisis caused by prolonged suspension
Date and time of update: October 12, 2024, 6:06 JST (excerpt).
On the 11th, Boeing announced plans to cut approximately 10% of its total employees in response to a prolonged strike by labor unions and worsening financial situation.
Boeing's CEO, Kelly Oatberg, explained in an internal document that the reduction targets would include executives, managers, and general employees. The company had a total of 170,000 employees as of the end of 2023.
Oatberg stated, "Our business is in a tough situation. The challenges we all face cannot be emphasized enough."
On the 11th, Boeing announced plans to cut approximately 10% of its total employees in response to a prolonged strike by labor unions and worsening financial situation.
Boeing's CEO, Kelly Oatberg, explained in an internal document that the reduction targets would include executives, managers, and general employees. The company had a total of 170,000 employees as of the end of 2023.
Oatberg stated, "Our business is in a tough situation. The challenges we all face cannot be emphasized enough."
He also revealed that the initial delivery date of the large jetliner '777X' under development will be in 2026, notifying customers. In August, Boeing had announced a pause in the flight tests of the '777X' due to cracks in crucial components connecting engines and wings.Temporary pauseannounced.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
