Boeing is reducing its Commercial Airplanes division workforce by roughly 5 percent and slowing aircraft production, division president and CEO Stephanie Pope announced Monday.
According to the Seattle Times, employees were notified in an email and told of the reduction in staff that would be achieved by a combination of layoffs and attrition. The layoff notices will be sent in December, however, the exact number of employees to be let go was not revealed
According to a Boeing spokesperson, the layoffs are a necessary reduction as the aerospace giant’s quarterly earnings report issued in October indicated it was not achieving production goals.
