Boeing to Cut 17,000 Jobs – Delays 777X to 2026

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Image Credit: Boeing

Boeing will slash 10 percent of its workforce and delay delivery of its 777X wide-body jetliner for a year according to a letter to employees from President and CEO Kelly Ortberg.

17,000 jobs will reduced across executives, managers and employees of Boeing.

Ortberg said the company “is in a difficult position” and needs to “make structural changes to ensure we can stay competitive and deliver for our customers over the long term.”

Those changes include the following:

  • 777X program: Program delayed. Notified customers to expect first delivery in 2026.
  • 767 Freighters: Plan to build and deliver the remaining aircraft ordered then conclude production of the commercial program in 2027. Production of the KC-46A Tanker continues.
  • BDS (Boeing Defence, Space & Security) expecting substantial new losses this quarter.

Boeing is also dealing with large-scale industrial action by factory workers, which has now moved into its fourth week.

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