Boeing has announced a 10 percent workforce reduction, resulting in approximately 17,000 jobs. There will also be cuts in management.
The head of Airbus’ competitor, Kelly Ortberg, said in a letter to employees on Friday that the aircraft manufacturer had to adjust its staffing situation to “financial realities”.
Also cuts in management
“These cuts will affect executives, managers and employees.” In addition, the first delivery of the 777X aircraft will be delayed by a year.
Ortberg also announced that new, significant losses in the arms industry are expected. Ahead of financial results expected on October 23, the group announced a third-quarter loss per share of $9.97 (9.12 euros) on revenue of $17.8 billion.
The traditional American company is hit by a strike by 33,000 employees on the west coast. The labor dispute has been going on since September 13 and is costing Boeing a billion dollars a month, according to estimates by rating agency S&P.
Source: Krone
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