Boeing has laid off more than 400 members of its professional aerospace labor union, part of company-wide cuts that will reach 10% of Boeing's workforce.

The layoffs were mostly due to Boeing delaying production on the long-range widebody 777X commercial jet, Adams said. Workers in the St. Louis region build component parts for that plane.

The Boeing Co. (NYSE: BA) is laying off 111 union workers in the St. Louis area, citing a delay in the first delivery of the 777X commercial aircraft until 2026 instead of 2025. The employees left work Thursday after they were informed about being laid off.

U.S. industrial production fell for a second straight month in October, continuing to be depressed by hurricanes and a strike by factory workers at Boeing , but a rebound is likely in November as the drag from these factors lifts.

Industrial production fell 0.3% in October, held down by the Boeing strike and the impact of Hurricanes Milton and Helene, the Federal Reserve reported Friday. The decline as in line with the forecast of economists surveyed by The Wall Street Journal.

US industrial production declined in October as the impacts from a Boeing Co. machinists’ strike and a pair of hurricanes reverberated through manufacturing for a second month.