Boeing To Cut Workforce, Reduce Production

Boeing announced on Wednesday that it intends to cut commercial aircraft production rates and reduce its workforce by around 10 percent. The announcement came alongside the publication of Boeing’s first-quarter financial data, which showed...

Boeing To Cut Workforce, Reduce Production

Boeing announced on Wednesday that it intends to cut commercial aircraft production rates and reduce its workforce by around 10 percent. The announcement came alongside the publication of Boeing’s first-quarter financial data, which showed a Q1 net loss of $641 million. According to Boeing, the staff cuts will be accomplished through “a combination of voluntary […]

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