Boeing plans to lay off about 10% of its workers in the coming months, about 17,000 people, as it continues to lose money and tries to deal with a strike that is crippling production of the company’s best-selling airline planes. New CEO Kelly Ortberg told staff in a memo Friday that the job cuts will include executives, managers and employees.

Boeing plans to cut 17,000 jobs and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a strike.