New York. Boeing announced on Friday that it will reduce around ten percent of its workforce in the world in the coming months, that is, the positions of some 17,000 people, in response to the crisis that the aircraft manufacturer is experiencing and in the midst of a strike. workers for a new collective contract.
Boeing closed 2023 with 171 thousand employees, according to information from the Bloomberg agency.
In two separate messages, the manufacturer announced that it will postpone the delivery of its aircraft, explaining that the first delivery of the 777X aircraft will now take place in 2026 and the end of production of the 767 will be in 2027.
It warned that its third quarter results will be affected by large expenses, due, in particular, to the strike of more than 33 thousand workers since mid-September.
Boeing is considering “adapting its workforce to its financial reality,” said its president, Kelly Ortberg, noting that the cuts “will affect executives, managers and employees” in general.
The company announced a series of adjustment measures and production delays during more than a month of strike, which added to a long series of problems for the company.
Last Tuesday, the aviation giant suspended negotiations with the International Association of Machinists and Aerospace Workers (IAM) and withdrew its agreement offer to the union, which has been on strike since September 13.
According to the company, the strike added $3 billion in pretax expenses to its commercial aviation sector results in the third quarter.
“These decisive actions, along with key structural changes to our business, are necessary to remain competitive in the long term,” Ortberg added in a statement.
The company indicated that it expects third-quarter revenue of $17.8 billion and a loss of $9.97 per share. It plans to update its financial accounts on October 27, after tripling its net losses to $1,794 million in the first half of 2024.
Boeing has already started a series of cost reduction plans. The company has suspended some workers, has frozen hiring and reduced corporate trips.
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