Boeing falls after co flags wider Q3 loss; cuts jobs, delays 777X jet delivery by a year
** Shares of planemaker Boeing BA.N down 2.3% at $148 in after-market trading
** Company to cut 17,000 jobs, or 10% of its global workforce, and delay first delivery of its 777X jet by a year
** Boeing expects Q3 loss of $9.97, compared to analysts' estimates of a loss of $1.65 — according to data from LSEG
** Boeing expects substantial new losses in its defense business as a month-long strike batters company's finances, CEO Kelly Ortberg says
** Ortberg says in a message to employees that the company must reset its "workforce levels to align with our financial reality"
** Boeing and the union held their latest round of negotiations with federal mediators on Monday and Tuesday, but talks collapsed
** About 33,000 Boeing workers have been on strike since Sept. 13
** Up to Friday's close, stock had fallen 42% YTD
Reporting by Ananya Mariam Rajesh in Bengaluru
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