Boeing Plans to Reduce Workforce by 10%

(Updated – October 11, 2024, 4:34 PM EDT)

Boeing has communicated to its employees the need to realign workforce levels to reflect the company’s financial situation and focus. The company plans to reduce its overall workforce by approximately 10 percent over the coming months, impacting executives, managers, and staff. Leadership will provide more specific details next week regarding how these changes will affect individual teams. Consequently, the company will not move forward with the upcoming cycle of furloughs.

As Boeing navigates this process, there will be a continued emphasis on safety, quality, and customer service. The management acknowledges that these decisions will create challenges for employees and their families, and they express a desire to avoid such measures. However, the current state of the business and the need for future recovery necessitate these difficult choices.

The company is committed to being transparent about the timeline and implications of these changes, and to offering support and professionalism to all affected during this transition.