Boeing to cut 17,000 jobs after they withdrew pay offer to 33,000 US factory workers

Boeing has announced plans to reduce its workforce by 10%, which means the aerospace giant will cut 17,000 employees off, per CEO Kelly Ortberg's letter.

This decision comes amid a prolonged machinist strike, which has halted production at its aircraft factories for five weeks, and as losses continue to mount for the aerospace giant.

Alongside the job cuts, Boeing will also delay the launch of its long-awaited 777X wide-body aeroplane.

The delivery of the 777X, which is still awaiting certification, has now been pushed to 2026 putting the project six years behind its original schedule.

Boeing paused flight tests for the aircraft in August after discovering structural damage in one of the planes.

Plus, the company announced plans to stop manufacturing its commercial 767 freighters in 2027, once it fulfills its current orders.