Boeing president and CEO, Kelly Ortberg, has told its employees that 10 percent of the company's workforce will be cut.
Boeing president and CEO, Kelly Ortberg, has told employees that 10 percent of the company’s workforce will be cut.for Boeing. Several of the company’s new plans have been found wanting, and more recently its Strainer project has also been riddled with problems.. While a specific number was not shared, it is estimated that 17 000 jobs will be cut in this latest move, representing a 10 percent reduction to the workforce.
“Our business is in a difficult position, and it is hard to overstate the challenges we face together. Beyond navigating our current environment, restoring our company requires tough decisions and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term,” wrote Ortberg.
Along with the announcement of mass layoffs, the president and CEO also outlined updated timelines for a handful of projects at the company. These include: We plan to build and deliver the remaining 767 Freighters ordered by our customers and then conclude production of the commercial program in 2027. Production for the KC-46A Tanker will continue.
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