Watch: Boeing lays off 10% of workforce as strike enters fifth week

Name: Watch: Boeing lays off 10% of workforce as strike enters fifth week
Uploaded: 2024-10-14T19:59:01+00:00
Duration: 3 min 12 s
Description: [SIMONE DEL ROSARIO] A month into the strike of 33,000 Boeing machinists, the aerospace giant is facing more turbulence. In a memo released Friday, newly-minted CEO Kelly Ortberg announced Boeing will layoff 17,000 employees, accounting for about 10 percent of its staff. Ortberg, who took over the role in August, wrote: “Our business is in...