Boeing (BA) has just hit a major snag in negotiating with the roughly 33,000 workers who went on strike earlier this month for higher pay, decreased out-of-pocket health care costs, retirement security,

Boeing will axe its workforce by a tenth - cutting 17,000 jobs - and delay production as the aeroplane maker deals with issues across its business. Chief executive Kelly Ortberg said in an email to staff that "executives,

Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes.