Boeing to Cut 5% of Commercial Airplane Workforce Amid Slower Production
· Business · CNBC, NDTV, Reuters
Boeing announced it will reduce its commercial airplane workforce by approximately 5% through attrition and layoffs as 737 Max production ramps up slower than expected. Stephanie Pope, head of Boeing's commercial aircraft unit, confirmed the staffing adjustments in a memo to employees. The cuts will begin with notifications in December, aligning workforce levels with revised production schedules. Boeing continues efforts to stabilize 737 Max production rates at its Renton, Washington facility.
Why it matters
The reduction affects Boeing employees and contractors in Washington state, directly impacting jobs tied to the 737 Max program.
Read the original report — CNBC
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