Business · Companies · 10 hrs ago

Boeing to cut 5% of commercial airplane workforce

Boeing to cut 5% of commercial airplane workforce

Boeing plans to cut about 5% of its commercial airplane workforce as it adjusts production plans.

The company says it is reducing aircraft output and slowing production increases to give its factories and suppliers more time to stabilize.

The cuts will happen through employees leaving naturally and voluntary layoffs, with notices starting in December.

The move comes after Boeing delayed plans to raise production of its 737 Max jet, and executives said delivery targets for the 737 and 787 would be missed.

The slower ramp-up adds pressure to Boeing’s recovery, because higher production is a key way the company expects to improve its finances.

Boeing has faced safety and quality problems in recent years, as well as the effects of a machinists’ strike.

The workforce reduction is its first since CEO Kelly Ortberg cut 17,000 jobs after joining in 2024.

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What people are saying

Stephanie Popechief executive of Boeing Commercial Airplanes
Adjusting our production schedules and reducing aircraft output puts us in an overstaffed position
via Mint
We need to reset the pace of our production rate ramps to provide our factories and supply chain partners additional time to achieve stability
via Mint