ISTANBUL, Nov 10 (Bernama-Anadolu) -- Boeing plans to reduce its commercial aeroplane workforce by approximately 5 per cent as slower production increases leave the division overstaffed, according to a message to employees from its chief Stephanie Pope, Anadolu Ajansi (AA) reported.
Boeing To Cut 5 Pct Of Commercial Aeroplane Workforce As Production Ramp-up Slows
Boeing, airplane workforce, layoffs, slower produc
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Key points
- The reduction will involve a combination of attrition and involuntary layoffs, with notifications beginning in December, said Pope, the president and CEO of Boeing Commercial Aeroplanes.
- Pope said Boeing needs to slow the pace of planned production increases to give its factories and supply chain partners additional time to achieve stability, following adjustments outlined in its third-quarter earnings.
- The cuts come two weeks after Boeing pushed back a planned increase in 737 MAX production into 2027 from the end of this year, sending its shares to an 18-month low.
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Related reporting
3 stories on this topic from 2 sources, oldest first.
- Free Malaysia Today Boeing’s Q3 results weighed down by production challenges
- Free Malaysia Today Boeing to cut 5% of commercial plane staff on slower ramp-up plans
- Bernama Boeing To Cut 5 Pct Of Commercial Aeroplane Workforce As Production Ramp-up Slows (this story)
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