Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.

Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce. U.

Boeing Co. will start sending out pink slips on Wednesday to employees affected by a planned round of job cuts, a delicate balancing act between improving efficiency and keeping together a skilled workforce to help lift output again.

Boeing Co. is notifying workers in North Charleston and its other locations this week whether they'll lose their jobs under a broad-based cost-cutting proposal

Now, new information in that case indicates the driver who was towing that bulldozer lied to police and is now facing felony charges as a result. Someone crashed their Rolls-Royce allegedly in a street race.

Boeing began notifying employees of layoffs Wednesday as it seeks to reduce its roughly 170,000-strong workforce by 10%.

Nine days after settling a strike that cost the company billions, airplane manufacturer Boeing announced that it plans to cut 10% of its workforce and will start sending out layoff notices this week.