Boeing to cut 17,000 jobs as losses deepen during factory strike

Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. It will also push back the long-delayed launch of its new wide-body airplane. The manufacturer will not deliver its still-uncertified 777X wide-body plane, which has customers that include Lufthansa and Emirates, until 2026, putting it some six years behind schedule.