Boeing is facing substantial losses and must align its workforce levels to the financial situation caused by a month-long strike by workers.
The strike has resulted in a $1bn monthly loss for Boeing, prompting the need for job cuts and a delay in the 777X delivery by a year.
CEO Kelly Ortberg stated that correcting workforce levels is essential to adapt to the current financial reality and focus on key priorities.
Despite continuing challenges, Ortberg reassured stakeholders of strategic decisions aimed at restoring Boeing's future and addressing the ongoing impact of the strike.
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