Embattled US aerospace giant also announces plans to delay first delivery of 777X commercial jetliner by a year
Boeing is cutting 17,000 jobs “to align with our financial reality” as the beleaguered aerospace giant grapples with a sweeping strike and the persisting fallout from its latest safety crisis.
The American firm also announced plans to delay the first delivery of its 777X commercial jetliner by a year, and braced investors for “substantial” new losses in its struggling defense business.
More Stories
‘It’s desperation’: Ireland’s restaurant industry facing crisis with daily closures
What does Elon Musk want from all this politicking?
Rupert Murdoch’s Dow Jones and New York Post sue AI firm for ‘illegal copying’