Boeing fine-tunes job cuts as major buyer slams 777X jet delay

  • Posted on October 14, 2024
  • By Yahoo News
  • 2 Views
Boeing fine-tunes job cuts as major buyer slams 777X jet delay

Boeing declined to comment. In a surprise late Friday move, Boeing announced 17,000 job cuts and pre-announced quarterly earnings with $5 billion of charges led by a new delay to 777X and the ending of civil 767 production. The delay of one year in 777X deliveries to 2026 enshrines a delay already widely anticipated in the industry after certification and testing delays, and means the planned successor to the 777 mini-jumbo would be six years late.
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