New Delhi . Aerospace company Boeing may cut 10 percent of its employees due to a loss of $ 8 billion in the coming year, the company has recently announced the cut. As a result, it has been decided to fire about 17,000 employees. This decision is being considered as the biggest layoff in human resources. This move is part of the company's efforts to reduce rising costs and improve its financial condition. Apart from this, Boeing has announced the halt in production of 767 and 777X aircraft from 2027. This decision has been taken to maintain a peaceful and safe environment in Boeing's industry. However, a senior official of the company said the step was taken only in urgent circumstances and it was trying to continue work on the projects. Employees' organizations have argued for the importance of this move and its impact on the situation. The company is hoping that their tough decisions will help reduce costs and balance the workforce. This indicates that Boeing is constantly studying new HR models and practices to keep its industry alive.
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