The aerospace manufacturer Boeing will lay off 17,000 employees—10 percent of its workforce—amid a strike, production delays, and safety concerns with its aircrafts, its CEO announced Friday.
“Our business is in a difficult position, and it is hard to overstate the challenges we face together,” said Kelly Ortberg, who took the company’s reins in August. “Beyond navigating our current environment, restoring our company requires tough decisions and we will have...