Boeing Reportedly Plans 5% Workforce Cut in Commercial Airplanes Unit
CNBC reports Boeing will reduce the commercial airplanes workforce by 5%, citing a slower-than-expected production recovery. Boeing shares slipped about 1% on Monday.
Shares of Boeing Co (BA) slipped about 1% on Monday following reports that the company is making fresh workforce reductions tied to a slower-than-expected production recovery in its commercial airplanes unit.According to a report from CNBC, Boeing said it will reduce the commercial airplane workfor…