Boeing will lay off 10% of its employees as strike cripples airplane production [Video]

Boeing plans to lay off about 10% of its workers in the coming months as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes.New CEO Kelly Ortberg told staff in a memo Friday that the job cuts, which could total about 17,000 positions, will include executives, managers and employees.The company has about 170,000 employees worldwide, many of them working in manufacturing facilities in the states of Washington and South Carolina.Boeing had already imposed rolling temporary furloughs, but Ortberg said those will be suspended because of the impending layoffs.The company will delay the rollout of a new plane, the 777X, to 2026 instead of 2025. It will also stop building the cargo version of its 767 jet in 2027 after finishing current orders.Boeing has lost more than $25 billion since the start of 2019.About 33,000 union machinists have …