The decision comes nearly a month after workers with the International Association of Machinists and Aerospace Workers District 751 went on strike.

Boeing will cut 17,000 jobs -- 10% of its global workforce -- delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a month-long strike.

Boeing plans to cut 17,000 jobs – a 10th of its workforce – as it battles an ongoing strike and plane safety issues. Executives and managers will be among those axed, the aircraft manufacturer’s new chief executive Kelly Ortberg told staff in a memo yesterday.

Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees.

Boeing will be laying off “roughly” 10 percent of its workforce, president and CEO Kelly Ortberg announced in an email to staff on Friday. That number equates to 17,000 jobs, Reuters reports. The layoffs will take place “over the coming months” and will include “executives,

US-based aerospace giant Boeing plans to reduce its workforce by approximately 10 percent as the company grapples with program delays and ongoing labor strikes, CEO Kelly Ortberg announced in a message to employees.

In a message to employees, Boeing President and CEO Kelly Ortberg has announced that the company is reducing the size of its total workforce by 10 percent. That means Boeing is cutting roughly 17,000 jobs,

Boeing Co. plans to slash its global workforce by about 10% and announced $5 billion in charges across its commercial airplanes and defense businesses, underscoring the depths of the planemaker’s financial woes amid a crippling labor strike.