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Boeing to cut about 5% of its commercial plane workforce

Boeing to cut about 5% of its commercial plane workforce

Summary

Boeing plans to reduce its commercial airplane workforce by about 5% through layoffs and attrition as it slows production increases. The company says the move will give its factories and suppliers more time to stabilize, with layoff notices expected to begin in December.

Key Facts

  • Boeing commercial chief Stephanie Pope said the production schedule changes have left the company overstaffed.
  • Boeing plans to begin notifying affected employees in December.
  • In late October, Boeing executives said the company would miss its 2026 delivery target.
  • Boeing pushed back its plan to increase 737 Max production from 47 to 52 planes per month until the second half of 2027.
  • CEO Kelly Ortberg said in October that stabilizing production at the current rate would take into next year.
  • Ortberg cited the need for more predictable wing and fuselage production.
  • Boeing reported U.S. certifications this year for the 737 Max 7 and 737 Max 10.
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