Boeing has announced the plan for laying off 10% of their workforce. Boeing President and CEO Kelly Ortberg recently shared a message with his employees announcing the future plans including some difficult decisions and several program updates. The message stated that the 777X program will be delayed due to development challenges, flight test pause and ongoing work stoppage, and now expect their first delivery in 2026. After the completion of remaining orders of 767 Freighters, the commercial program will be concluded in 2027. However, the production for the KC-46A Tanker will continue. Along with this a plan to reduce the size of total … Continue reading Boeing to Lay Off Up to 17,000 Employees, Faces $5B Loss, and 777X Delays—What This Means for the Industry