Boeing has announced the reduction of ten percent of its workforce and thus around 17,000 jobs. The head of Airbus’ competitor, Kelly Ortberg, said in a letter to employees on Friday that the aircraft manufacturer had to adapt the personnel situation to the “financial realities”. “These cuts will include executives, managers and employees.” In addition, the first delivery of the 777X jet will be delayed by a year.
Ortberg also announced that new, significant losses in the arms business are to be expected. As a preview of its financial results expected on October 23rd, the group announced a third-quarter loss per share of $9.97 (9.12 euros) on sales of $17.8 billion.
The traditional US company is affected by a strike by 33,000 workers on the West Coast. The industrial action has been going on since September 13th and is costly Boeing According to estimates by the rating agency S&P, a billion dollars a month.
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