Crisis-hit Boeing prepares to lay off 17,000 employees ...News

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About 10% of the plane maker’s staff are expected to lose their jobs The US manufacturer Boeing has announced plans to eliminate around 10% of its workforce over the coming months, as the aerospace giant’s losses continue to mount and a strike undercuts the production of its best-selling planes. The job cuts will include executives and managers in addition to ordinary employees, according to a memo shared by the company’s new president and CEO Kelly Ortberg on Friday. The corporation employs nearly 170,000 people worldwide. “Our business is in a difficult position, and it is hard to overstate the challenges we fac

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