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Boeing will lay off 10% of its employees as a strike by factory workers cripples airplane production

Canadian Manufacturing

The company will further delay the rollout of a new plane, the 777X, to 2026 instead of 2025. It will also stop building the cargo version of its 767 jet in 2027 after finishing current orders. He is a longtime aerospace-industry executive but an outsider to Boeing. Boeing has lost more than $25 billion since the start of 2019.