Boeing has taken significant steps to address its ongoing financial crisis amidst an ongoing strike by 33,000 workers from the International Association of Machinists. CEO Kelly Ortberg announced layoffs of 10% of its white-collar workforce, amounting to 17,000 jobs, and regulatory filings indicate plans to raise $25 billion in debt or stock and secure an additional credit line of $10 billion. These moves aim to shore up Boeing's cash position, which has been impacted by twin crashes of the 737 MAX, pandemic reduction of air travel, regulatory restrictions, and a recent incident involving a door plug on an Alaska Airlines 737 MAX.

Source: https://www.forbes.com/sites/jerroldlundquist/2024/10/17/can-boeing-keep-its-balance-amidst-the-shifting-winds/