What Happened
Aircraft Maker Slows Production Increases Amid Recovery Delays
Boeing Commercial Airplanes plans to cut 5% of its workforce as the company slows production increases and gives factories and suppliers more time to stabilize. The reductions will combine natural attrition with involuntary layoffs, with notices expected from December. The decision follows a setback in Boeing’s commercial recovery timetable, with the company missing its 737 production and delivery targets for 2026. According to Reuters, Boeing now expects to reach a production rate of 47 737 aircraft per month in early 2027, compared with an earlier plan to reach that pace by summer 2026. This news was first reported by Reuters.