Aerospace giant said it would cut 10% of a workforce that numbered about 160,000.
Reductions will come from voluntary and involuntary layoffs and normal attrition.
Aerospace manufacturer will be accomplished through attrition, paying people to leave and layoffs.
Airline says the move reflects “evolving, long-term fleet planning requirements.”
Is the erosion of regulations to blame for notorious transportation tragedies?
Ottawa banned the 737 Max from the skies last March following two fatal crashes.
Aerospace company doesn’t expect the FAA to certify the Max until this summer.
Will oversee legal strategy related to dozens of lawsuits by families of people who died in 737 Max crashes.
Aerospace giant continues to struggle with crisis surrounding the Max, grounded last March after two crashes that killed 346 people.
The economic hit is reverberating across the US.
Boeing said it doesn’t expect any layoffs as a result of the production halt.
Panel found that the EU had not taken sufficient steps to end harm to Boeing.
Aerospace company has spent about a year making changes to flight software that played a role in the crashes.
Ethiopian Airlines’ whistleblower points to pattern of corruption including fabricating documents, signing off on shoddy repairs and even beating those who got out of line.
Faulty data from sensors triggered an automatic nose-down push that pilots were not able to overcome before crashes in Indonesia last October and in Ethiopia in March.