Tag Archives: Layoffs and Job Reductions

Boeing Will Cut 17,000 Jobs in Bid to Slash Costs

Boeing’s new chief executive on Friday announced plans to reduce its work force by 10 percent, or about 17,000 jobs, as he seeks to restructure the company in an effort to slash costs and improve production of planes, which has been plagued by numerous delays. Kelly Ortberg, who became chief …

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