Embattled Boeing to slash 10% of workforce in latest blow

Written by on October 11, 2024

Boeing is cutting 10% of its workforce — nearly 17,000 workers — as it restructures to reduce costs, the company’s new CEO announced Friday.The big picture: The embattled aerospace titan has been facing a crippling strike, while it tries to ramp up production and improve its reputation following a series of quality and safety issues.What they’re saying: “Our business is in a difficult position…
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