Boeing to cut 5% of commercial plane staff as output slows
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Boeing will cut about 5 percent of its commercial aeroplane workforce as it slows the pace at which it raises jet production, the company said on Monday, the Associated Press reported.
The cuts will come through a mix of layoffs and attrition. In a message to employees, Boeing Commercial Airplanes chief executive Stephanie Pope said the slower ramp-up would give factories and supply chain partners "additional time to achieve stability."
Other US media reports said the reductions would begin next month.
Boeing executives had already signalled slower production plans. In a conference call in late October, they said the company would no longer meet its target for 2026 deliveries. They also pushed back the timeframe for raising output of the 737 MAX.
Source: The Associated Press (AP)