Boeing is cutting 10 percent of its workforce

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Boeing will be laying off “roughly” 10 percent of its workforce, president and CEO Kelly Ortberg announced in an email to staff on Friday. That number equates to 17,000 jobs, Reuters reports.

The layoffs will take place “over the coming months” and will include “executives, managers and employees,” Ortberg says. Leadership teams plan to share more information about how the layoffs will affect specific organizations in the company next week.

The announcement of layoffs follows what’s been an extremely difficult year for the company. In January, Boeing 737 Max planes were grounded after a hole blew in one mid-flight. In July, the company accepted a guilty plea deal over 737 Max crashes that happened in 2018 and 2019 and killed more than...

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