Boeing to cut 17,000 jobs amid worker strike and crisis over plane safety

Boeing to cut 17,000 jobs amid worker strike and crisis over plane safety

Embattled US aerospace giant also announces plans to delay first delivery of 777X commercial jetliner by a year

Boeing is cutting 17,000 jobs “to align with our financial reality” as the beleaguered aerospace giant grapples with a sweeping strike and the persisting fallout from its latest safety crisis.

The American firm also announced plans to delay the first delivery of its 777X commercial jetliner by a year, and braced investors for “substantial” new losses in its struggling defense business.

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