Boeing to cut 5% of commercial airplane workforce as production increase is slower than expected

Boeing announced Monday it will reduce its commercial airplane workforce by 5% due to slower-than-expected production increases. The company did not specify the number of employees affected or a timeline for the cuts. Boeing has faced manufacturing delays and quality issues in recent years that have constrained production rates.

• CNBC — Boeing to cut 5% of commercial airplane workforce as production increase is slower than expected

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