Boeing begins process to cut 17,000 jobs, reduce global workforce by 10%

Boeing is issuing layoff notices this week as part of its plan to cut 17,000 jobs, or 10% of its workforce. The layoffs come as the company works to restart production of its 737 MAX aircraft following a recent strike and ongoing safety concerns. Boeing secured $24 billion in financing to stabilize its finances amid the turmoil. https://ift.tt/F34KMTf