"We Have Too Many Employees": How Do You Tell 2,500 People They're Fired?
Stephanie Pope, CEO of Boeing's commercial aircraft division, announced a cut of about 2,500 jobs due to production delays. Employees will find out in December who will be laid off.
Stephanie Pope, CEO of Boeing's commercial aircraft division, announced this week a cut of about 2,500 jobs in the division, which constitutes about 5% of its workforce. In an internal letter obtained by Business Insider, Pope explained that the company is unable to produce aircraft at the planned rate, necessitating an adjustment of the workforce to the updated business plan. Boeing had hoped to reach a production rate of 47 737 aircraft per month this year, but that target has been postponed to early 2027. The division, which employs about 50,000 workers out of the company's approximately 182,000 employees worldwide, reported a loss of $697 million in the last quarter. Employees will only find out in December which of them will have to leave, and the company has not yet detailed which plants and positions will be affected.
"We Have Too Many Employees": How Do You Tell 2,500 People They're Fired?