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Boeing Commercial Airplanes Plans Workforce Reduction of Around 5%

Boeing Commercial Airplanes chief executive Stephanie Pope announced the planned reduction in a Monday memo to division employees. The unit says layoffs are needed to implement a revised business plan.

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By Elias SchisgallBoeing's commercial aircraft unit plans to reduce its workforce by around 5%.Stephanie Pope, chief executive of Boeing Commercial Airplanes, announced the reduction in a Monday memo to the division's employees. She said layoffs will be necessary to implement a revised business pla…

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