Boeing cuts 5% of commercial airplane workforce due to slower production ramp-up
Summary of 3 reports
Boeing announced Monday it will reduce its commercial airplane workforce by 5% through a combination of layoffs and attrition. The company cited a slower-than-expected production ramp-up and said the cuts will allow factories and supply chain partners additional time to achieve stability.
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Boeing to cut 5% of commercial airplane workforce as production increase is slower than expected (opens CNBC in a new tab)
Boeing said Monday that it plans to cut 5% of its commercial airplane workforce as its production ramp-up is moving at a slower pace than the company expected.
Boeing To Cut 5% Of Commercial Plane Staff On Slower Ramp-Up Plans (opens NDTV in a new tab)
The company will eliminate the posts through a mix of layoffs and attrition because of a slower ramp-up to "provide our factories and supply chain partners additional time to achieve stability."
Boeing to cut about 5% of its commercial plane workforce (opens The Guardian in a new tab)
Company will cut jobs through a mix of layoffs and attrition as it moderates the pace of ramping up jet production Boeing will cut about 5% of its commercial plane workforce as it moderates the pace of ramping up jet production, the company said Monday. The…
