Boeing is sizing up its workforce: hampered by slower-than-expected production, the American aircraft manufacturer will cut 5% of positions in commercial aviation
The American aeronautical giant announced on Monday that it wanted to cut around 5% of positions in its commercial aviation branch, justifying itself by a lower rate of growth in its production than forecasts.
The American aircraft manufacturer Boeing intends to eliminate around 5% of positions in its commercial aviation branch (BCA), through layoffs and natural departures, due to a lower rate of growth in its production than forecasts, the president of BCA said on Monday. Stephanie Pope explains, in an email addressed to employees of this branch, that the aircraft manufacturer must "review the rate of increase in production" in order to give its factories and suppliers "time to achieve stability". According to her, this should lead to the elimination of around 5% of BCA positions, with the first notifications which will be sent as early as December.
The group indicates on its website that, at the end of 2025, BCA employed 51,000 people out of a total of 182,000 for the group.
Around 6:30 p.m. GMT (7:30 p.m. mainland France time), Boeing shares fell 0.20% on the New York Stock Exchange. A lack of wings for the production of the 737 Max During the presentation of the third quarter results on October 27, CEO Kelly Ortberg specified that the production rate of 52 units of the 737 MAX per month would not be reached before the second half of 2027. He justified this by a lack of wings, which did not allow the current rate of 47 units to be properly "stabilized".
Consequently, added financial director Jay Malave, deliveries of the 737 MAX should be "a little below the target of 500" copies in 2026. Concerning the 787 Dreamliner, the rate is currently blocked at eight per month, instead of the ten anticipated, due to persistent delays in seat certification. According to Jay Malave, deliveries should therefore be "closer" to the bottom of the range of 90 to 100 expected for the year.
The markets reacted poorly to these disappointing prospects, causing the stock to sink to its lowest level since April 2025. The stock lost more than 10% during the session.
Machine-translated from French
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- BFM Business9 Nov, 20:12
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