Read the memo Boeing sent staff announcing 2,500 job cuts in its airliner business
Stephanie Pope, head of Boeing's commercial division, said the layoffs were due to being "overstaffed" after production increases stalled.
Boeing has announced it will cut 5% of employees in its commercial division, which manufactures airliners like the 737 Max. CEO Stephanie Pope stated the reduction is necessary due to the company's inability to increase production as quickly as hoped, resulting in an "overstaffed" situation. The cuts will impact approximately 2,500 people, stemming from Boeing's struggle to ramp up production of the popular aircraft following a quality and safety crisis.
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