Boeing layoff decision: Workforce to be reduced by 5 percent

Boeing will cut roughly 5% of its workforce in its commercial airplanes unit, with layoff notices set to begin in December, citing adjustments to production schedules and changes in production rates. The reduction affects the division responsible for the 737 MAX and 787 programs as the planemaker manages output amid ongoing supply-chain and certification constraints. The move signals continued cost discipline at Boeing as it works to stabilize factory flow and delivery timelines. Investors will watch whether the cuts extend beyond the commercial unit and how they affect production targets and cash flow in coming quarters.