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Boeing Commercial Airplanes Plans Workforce Cut of About 5%

Boeing Commercial Airplanes plans to reduce its workforce by around 5%, with notices expected to start in December. Division chief executive Stephanie Pope told employees the cuts would help carry out a revised business plan and stabilize the company’s supply chain.

Boeing Commercial Airplanes Plans Workforce Cut of About 5%

In a memo sent Monday, Pope said Boeing needed to slow the pace of production increases to give its factories and supply chain partners more time to reach stability. Adjusted production schedules and lower aircraft output have left the division with more staff than it needs, she said.

The reduction will combine involuntary layoffs with attrition, according to Pope. The announcement follows comments about production plans in Boeing’s third-quarter earnings report.

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