Instant Reaction: Boeing Cuts Workforce By 10%

George Ferguson, a senior aerospace and airlines analyst at Bloomberg Intelligence, dives deep into Boeing’s plan to slash its workforce by 10% amidst a brutal strike and financial turmoil. He discusses the ramifications of delayed projects like the 777X and how these cuts could affect employee leverage during union negotiations. Ferguson also highlights Boeing's competitive stance against rivals like SpaceX and the potential impact on its space program, painting a vivid picture of the challenges that lie ahead for the aerospace giant.