WOEING: Boeing Faces Production Challenges as Union Strike Ends; 777X Delayed, Layoffs Announced.“Appointed in August, Boeing CEO Kelly Ortberg expressed hope for rebuilding Boeing’s reputation but also pointed out that challenges persist. The financial loss of the strike has caused Boeing to announce plans to postpone the 777X aircraft, cut about 17,000 positions in the coming months, and look for more finance. Boeing’s stock is currently on the rise, but it still shows a 40% yearly drop.”