29.9 C
Delhi
Tuesday, July 1, 2025

Boeing says plans to reduce size of total workforce by roughly 10%

Date:

Share post:

Donate-GC-Razorpay

Washington: Boeing President and CEO Kelly Ortberg notified employees that the company is laying off roughly 10% of its workforce as it struggles to deal with hardships that the company has faced over the years.

“We must also reset our workforce levels to align with our financial reality and to a more focused set of priorities,” Ortberg said. “Over the coming months, we are planning to reduce the size of our total workforce by roughly 10 percent. These reductions will include executives, managers, and employees.”

The 10% reduction is equivalent to some 17,000 jobs.

Moreover, the company shared that its new 777X aircraft will be delivered in 2026, a year after its initial delivery date. The project has faced challenges in development, as well as from the flight test pause and ongoing work stoppage. Boeing will also end production of its 767 Freighters in 2027, according to Ortberg.

Related articles

After Delhi’s Yash Kumar Murder, Victim’s Family Receive Death Threats

In yet another tragic incident that sent shockwaves around the national capital and beyond, 20-year-old Yash Kumar was...

Rs 580 cr tax evasion detected in Kerala in year 2024-25

Thiruvananthapuram: The Thiruvananthapuram GST Zone has achieved significant milestones in revenue growth and detection in tax evasion. The...

Syria may sign peace agreement with Israel in coming months – Reports

Beirut: The issue of normalizing relations between Syria and Israel has been practically resolved, and an agreement may...

Record 256,000 migrants returned to Afghanistan from Iran in June – IOM

Tehran: A record 256,000 undocumented Afghan migrants returned to their homeland from Iran in June, and there are...