A Boeing recently announced some important decisions regarding two aircraft programs, as well as the future of the company's operational framework.
In a single announcement, the company will cut 10% of its workforce (around 17.000 jobs), also including the postponement of the 777X program to 2026 and the end of production of the 767 freighter in 2027.
“Our business is in a position to overcome, and it is an understatement of the challenges we face together. In addition to navigating our current environment, restoring our company requires difficult decisions, and we are making structural changes to ensure we remain competitive for the long term,” said Kelly Ortberg, Boeing president and CEO.
Ortberg also announced that the manufacturer's new decisions reflect important milestones in the company's recovery, marked by production problems and accidents with the Boeing 737 MAX.
Regarding the job cuts, analysts understand the decision as a response to the strike of 33.000 employees, including temporary layoffs of executives and managers. On the other hand, Boeing justifies the cuts as part of its cost adjustment.
So far, the striking workers have not yet received their last full salary, they have lost health insurance since the end of September and there is no estimate for new negotiations between the company and the strikers.
As for the 777X program, Boeing decided to postpone the program until 2026 after numerous certification delays, interrupting tests with the aircraft in August of this year after finding damage to the fuselage.
Finally, Boeing also announced the end of the 767F program, an aircraft that will no longer meet certain environmental requirements, limiting the use of the aircraft in important markets outside the United States. Previously, the 767F was scheduled to be produced until 2028 after the approval of a bill in the US Congress and with the approval of the FAA.
Currently, Boeing only produces the cargo version of the 767-300, as well as the KC-46A Pegasus tanker, based on the 767-200 platform.
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