A new chief executive is restructuring the aerospace manufacturer, which has been losing money for several years while struggling to improve production quality.

Staff could be cut at Surrey Police as the force attempts to fill a potential £23.4m financial hole. Inflation and government-agreed pay increases for police officers and staff mean the force has to make savings in the next four years, according to Local Democracy Reporting Service.

Boeing BA-N will cut 17,000 jobs, or 10 per cent of its global work force, delay first delivery of its 777X jet by a year and expects substantial new losses in its defence business as a month-long strike batters company finances, CEO Kelly Ortberg said on Friday.

Boeing plans to lay off about 10 percent 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.

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 Co. plans to slash its global workforce by about 10% and announced $5 billion in charges across its commercial airplanes and defense businesses, underscoring the depths of the planemaker’s financial woes amid a crippling labor strike.