Boeing to cut 5% of commercial airplane workers as production increase takes longer than expected

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.

The cuts will be through a combination of attrition and layoffs, Stephanie Pope, head of the commercial aircraft unit, said in a memo to staff.

Pope reiterated that the company is still working to stabilize production rates of its popular 737 Max planes.

"Adjusting our production schedules and reducing aircraft output puts us in an overstaffed position," she said in the note. "Unfortunately, that means we need to align our staffing levels to our revised business plan, resulting in a reduction of approximately 5% through a combination of attrition and involuntary layoffs, with notifications beginning in December."

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