Boeing CEO Kelly Ortberg has committed to a “fundamental” culture shift within the aerospace company as it faces significant challenges, including a $5.99 billion quarterly loss and an ongoing strike affecting 33,000 workers in Washington and Oregon, as reported by The Guardian.
The strike, which began last week amid protracted and contentious labor negotiations, has halted production of Boeing’s 737 Max, 767, and 777 jets. In a message regarding the company's third-quarter results, Ortberg recognized the need for Boeing to rebuild trust, reduce debt, and address “serious lapses” in performance that have damaged customer confidence.
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