Boeing to cut 7,000 more jobs after $466 mn loss in Sept quarter

Aircraft maker Boeing said it will cut an additional 7,000 jobs by 2021-end as it reported a loss of $466 million in the July-September quarter. This is in comparison to its profit of $1.16 billion in the same period a year ago. Boeing had already announced it was reducing staff by 19,000 jobs earlier this year.