Boeing plans to shed about 17,000 jobs, or 10 percent of its global workforce, as the plane manufacturer battles rising losses from a strike by 33,000 employees. The walkout forced Boeing to halt production of the best-selling 737 MAX and 777 models, though it has estimated it is losing $1 billion a month. It is also merging some divisions, along with layoffs, postponing the first delivery of its 777X jet until 2026 and revising its financial outlook, citing significant quarterly losses. The cuts will include executives, managers, and employees in various divisions.
