2 publishers · first seen Mon, 09 Nov 2026 17:30 UTC · updated Tue, 10 Nov 2026 16:11 UTC
Boeing plans to cut 5% of its commercial airplane workforce, around 2,500 jobs, due to difficulties in increasing production rates, according to a memo from Stephanie Pope, head of Boeing Commercial Airplanes. The cuts, to be achieved through attrition and layoffs, will begin in December. Boeing is also delaying its 737 production target to 2027 and its $10 billion free cash flow target to 2029. The company aims to stabilize production before increasing output.
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